House for sale
£59,361
Ohio, Cuyahoga County, City of Cleveland, USA Property ID: 41705675
Property description
This large four bedroom single family home is located in the sought after area of Glenville, just
four minutes from Glenville High School which is one of the best schools in Cleveland..
The property has four 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 can
reach up up $1,500 each month with Section 8 housing. The house is under management with a
great local Cleveland property management company.
Glenville is seen as a very strong investment area in Cleveland, it is close to the Waterloo District,
Euclid, Bratenahl and the I90 (highway). The property is also very well positioned directly
opposite the Cleveland Lakefront Nature Preserve. The house is also within Greater Circle Living
(GCL) which is a part of the larger Greater University Circle Initiative, comprehensive communitybuilding and development strategy for rental and purchase housing options in Greater University
Circle neighbourhood’s.
Return of investment
14%
Break even in
7.14 Years.