House for sale
£80,591
Ohio, Cuyahoga County, City of Cleveland, USA Property ID: 41707493
Property description
This large multi-family home is located on a nice street in Corlett and is just one mile
and four minutes from John Adams College, one of the leading schools in Cleveland.
The property is divided into two large apartments. You have a large two bedroom
apartment downstairs and a large two bedroom apartment upstairs. The property also
has tenants in place in both apartments paying $1,100 in rent each month. Both
tenants are Section 8 housing so the rent is paid direct to the landlord via the City. The
house is under management with a great local Cleveland property management
company.
Corlett is viewed as a very central location in Cleveland Ohio, it is just 7 miles from
Downtown and 5 miles from University Circle. Also just 1.5 miles away you have Lee
Harvard shopping centre. The property is also just 4 minutes to John Adams College,
one of the best schools in Cleveland.
Return of investment
23%
Break even in
4.34 Years.
