House for sale
£97,576
Ohio, Cuyahoga County, City of Cleveland, USA Property ID: 41703359
Property description
This fantastic three bedroom single family home is located in Euclid right next to North
Collinwood, just a short distance from the Lakefront. The house is just a short walk tio Euclid
High School and also only 1 mile and 5 minutes from the new $175M, 650,000-square-foot
Amazon fulfilment centre in Euclid.
The property has three bedrooms, one bathroom, a full basement and a large rear garden.
The property has tenants in place paying $1,000 in rent each month. The current market rent
is closer to $1,250 – $1,450 in rent each month. The house is under management with
Remax which are one of the top property management companies in the US. The property
has a potential 70% finance available, terms and conditions apply.
Euclid is seen as a very strong investment area in Cleveland, this area is surrounded by some
great neighbourhoods like North and South Collinwood. Literally minutes of driving to
Downtown and University Circle, great shopping, Lake Erie shore nearby with wellmaintained parks, restaurants & entertainment. The areas is highly demanded for renters
especially close to the Amazon fulfilment centre
Return of investment
8%
Break even in
12.5 Years.