Three Bedroom House (ref. 41696374) - Houses for Sale, Real Estate - Number of Bedrooms: 3, Number of Bathrooms: 1 - Cuyahoga, Ohio, United States

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Three Bedroom House (ref. 41696374)
Date & Time Listed: 2024-03-04 20:53:40 (GMT)

Posted in Categories: Real Estate, Houses for Sale - Number of Bedrooms: 3, Number of Bathrooms: 1
Posted From: United States, Ohio, Cuyahoga

Ad Details:

This fantastic three bedroom single family home is located on a nice street in
Corlett and is just 1.4 miles to John Adams College, one of the leading schools in
Cleveland.
The property has three spacious bedrooms, one bathroom, a large lounge diner,
spacious kitchen and a full basement. The house is in a very nice street and has a
nice rear garden. The house also has a tenant in place paying $1,300 in rent each
month.
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 9 miles from
Downtown and 6 miles from University Circle. Also just 1.8 mile away you have
Lee Harvard shopping centre. The property is also just 1.4 miles to John Adams
College, one of the best schools in Cleveland..
Investment Calculations
Purchase price
$77,900
Gross annual rental income:
$15,600
Property running costs:(Tax, insurance and management costs)
$3,036
Net annual rental income:
$12,564
Investment calculation - Net Income divided by Purchase price = NET ROI.
Return of investment
16%
Break even in
6.25 Years.
This property is a House for sale.

Other Details:

Number of Bedrooms: 3
Number of Bathrooms: 1

Price: 77,900.00 USD

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Posted in Categories: Real Estate, Houses for Sale - Number of Bedrooms: 3, Number of Bathrooms: 1 Posted From: United States, Ohio, Cuyahoga

Posted in Categories: Real Estate, Houses for Sale - Number of Bedrooms: 3, Number of Bathrooms: 1
Posted From: United States, Ohio, Cuyahoga