House for sale
£80,591
Ohio, Cuyahoga County, City of Cleveland, USA Property ID: 41707387
Property description
This large six bedroom single family home is located in the sought after area of Glenville,
just 3 miles to the centre of University Circle. There are a large number of new build
properties being constructed in this area having a positive impact on nearby real estate.
There are six bedrooms, one bathroom, 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 $1,400 – $1,800 in rent each
month.
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 extremely well located
and is 3 minutes from Rockefeller Park & Greenhouse, 3 minutes from Cultural Garden, 5
minutes form Gordon Park and 11 minutes from Downtown Cleveland.
Return of investment
19%
Break even in
5.26 Years.
