House for sale
£69,551
Ohio, Cuyahoga County, City of Cleveland, USA Property ID: 41707243
Property description
This lovely single family home is located on a nice street in Forest Hills close to the shores
of Lake Erie and is just a short walk from Glenville High School, one of the best schools in
Cleveland.
There are five bedrooms, a full basement and a large garden. The property will be
renovated by Global Investments best contractors and will be supplied rent ready to a
Section 8 standard. When complete the management company will place brand new
vetted tenants. The house should achieve $1,300 – $1,750 in rent each month.
Forest Hills is seen as a very strong investment area in Cleveland, it is close to the
Waterloo District, Euclid, Bratenahl and the I90 (highway) Lakeshore is appealing for bus
lines and bike trails. The house is just 1 mile to the Famous Shoreby Club and the
neighbouring community Bratenahl. Bratenahl is one of the most exclusive residential
areas in Cleveland where properties can sell in the Millions.
Return of investment
22%
Break even in
4.54 Years.
