41693599 - Buy a House in USA, Ohio, Cuyahoga County, City of Cleveland

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Five bedroom house

Property Information

Type: House Property ID: 41693599
Location: City of Cleveland, USA Added on: 12 Apr 2023
Price: £58,512

Short Description

This five bedroom is a rare find at $68,900

Key Information

  • Property ID: 41693599
  • Location: City of Cleveland
  • Property Type: House
  • Prices: £ 58,512 / € 66,841 / $ 68,900

Full Description

This great large five bedroom house is located on a nice street in the sought after area of
Glenville, just one mile to the centre of The University Circle.
There are five large bedrooms, one bathroom, a full basement, large lounge / dining room,
spacious kitchen and a large rear yard. The property has just been vacated and is in a
great condition. The house will be provided updated with some minor cosmetic repairs and
rent ready to a Section 8 standard. The works will begin as soon as the new owner closes
on the property, The management company will then place brand new tenants paying
$1,350 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 just half a mile from E105th
Street. The up and coming “ Opportunity Corridor “ and the final phase of a $306 million
roadway project. When completed, the three-mile Opportunity Corridor will connect
Interstate 490 at East 55th Street with East 105th Street and University Circle. A great
location for future capital appreciation.

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

5.26 Years

Contact the Advertiser


Property Alerts

  • House
  • 5 bedrooms
  • USA
  • City of Cleveland
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