House for sale
£152,775
Ohio, Cuyahoga County, City of Cleveland, USA Property ID: 41706215
Property description
This fantastic opportunity to purchase a large seven apartment multi family home
located on a very nice street in the sought after area of South-Collinwood, it is just five
minutes from the Lakeshore and just. Short walk to Collingwood High School, one of the
best schools in Cleveland.
The property consists of a 4 bedroom suite that is tenanted occupied bringing in $1,250
in rent each month. There are also three individual studio apartments all tenant occupied
rented for $525, $500 & $450 each month bringing the total monthly rental income to
$2,750
South-Collinwood is seen as a very strong investment area in Cleveland, this area is
surrounded by some great neighbourhoods like University Heights, Glenville, Richmond
Heights and Euclid, The property is less than 1 mile to Collinwood High School one of the
best schools in Cleveland. This is one of our most demanded areas by investors
Return of investment
16%
Break even in
6.25 Years.