41692451 - Buy a House in USA, Ohio, Cuyahoga County, City of Cleveland

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Five bedroom house

Property Information

Type: House Property ID: 41692451
Location: City of Cleveland, USA Added on: 14 Mar 2023
Price: £62,758

Short Description

This five bedroom is a rare find at $73,900..

Key Information

  • Property ID: 41692451
  • Location: City of Cleveland
  • Property Type: House
  • Prices: £ 62,758 / € 71,692 / $ 73,900

Full Description

This large multi-family home is located in Mount Pleasant and is only seven 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.
The property is divided into two large apartments, you have a large two bedroom
apartment downstairs and a large three bedroom apartment upstairs. Both apartments
are now vacant and needs some minor cosmetic repairs to be made rental ready. The
works will completed as soon as the new owner closes on the property. The management
company will then place brand new tenants. The two bedroom apartment should achieve
$700 – $750 in rent each month and the three bedroom apartment $800 – $850 in rent
each month.

Mount Pleasant is seen as a very strong investment area in Cleveland, less than 1.4 miles
away you have the famous Shaker Square which is one of the biggest attractions in
Cleveland. Shaker Square is full of restaurants, bars, boutiques and even has a cinema.
This property is also only 6.4 miles from Downtown and 3.9 miles from the University

Investment Calculations
Purchase price
Gross annual rental income:
Property running costs:(Tax, insurance and management costs)
Net annual rental income:
Investment calculation - Net Income divided by Purchase price = NET ROI.

Return of investment


Break even in

4.76 Years

Contact the Advertiser


Property Alerts

  • House
  • 5 bedrooms
  • USA
  • City of Cleveland
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