39090359 - Buy a Townhouse in USA, Ohio, Cuyahoga County, City of Cleveland

  • This property has been added by Global Investments Incorporated
  • For further details contact the advertiser directly using the form at the bottom of the page
  • Tick the tickbox at the bottom of the page for automated alerts when similar new properties are added
  • Opt in to contact from partners offering foreign currency, overseas mortgage, or legal services
<< Back to search results

Eight bedroom house

Property Information

Type: Townhouse Property ID: 39090359
Location: City of Cleveland, USA Added on: 01 Oct 2019
Price: £82,777

Short Description

This huge multi unit house is a rare find at $106,900...

Key Information

  • Property ID: 39090359
  • Location: City of Cleveland
  • Property Type: Townhouse
  • Prices: £ 82,777 / € 91,048 / $ 106,900
  • Detatched
  • Garden
  • Off Street Parking

Full Description

This Huge Four apartment multi-family home is located on a very nice street in the sought after area of South-Collinwood, it is just five minutes from the Lakeshore and three minutes and less than a mile from Collingwood High School, one of the best schools in Cleveland. The property is divided into four large two bedroom apartments, Two of the apartments are now tenant occupied and the tenants are paying $575 in rent each month. The two vacant apartments have just been made rental ready and the management company will be placing brand new tenants when the new owner closes on the property paying $600 in rent each month. The property is under management by a great local management company.

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,

Investment Details

Purchase price: 106,900

Gross annual rental income: $28,200

Property running costs: $7,632
(Tax, insurance and management costs)

Net annual rental income: $20,568

Investment calculation - Net Income divided by Purchase price = NET ROI.

Return on investment: 20%


Contact the Advertiser


Property Alerts

  • Townhouse
  • 8 bedrooms
  • USA
  • City of Cleveland
Note: You can 'widen' the alert by clicking on items in the above list to remove them

Useful Services

Send my request

Related Properties