House for sale
£67,853
Ohio, Cuyahoga County, City of Cleveland, USA Property ID: 41707504
Property description
This very nice three bedroom single family home is located in Mount Pleasant and is only eight minutes
from the famous Shaker Square. Shaker Square is one of the biggest attractions in Cleveland and is full of
restaurants, bars, boutiques and even has a cinema.
There are three bedrooms, one and a half bathrooms, 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. The works will begin after the new owner closes on the property. When complete the
management company will place brand new vetted tenants. The house should achieve $1,250 – $1,700 in
rent each month. When the renovations are complete this house will have an ARV of $100,000 –
$110,000 giving the owner immediate equity in the property.
Mount Pleasant is seen as a very strong investment area in Cleveland, just 2 miles away you have Shaker
Square which is one of the biggest attractions in Cleveland. The house is in a great street near to Luke
Easter Park. The Park covers an area of 97.3 Acres and is popular for walking and family activities. The
park features sports facilities such as a basketball court, a tennis court, a baseball court, a multi-sport
court, a swimming pool and an abundance of natural scenery.
Return of investment
19%
Break even in
5.26 Years.