Four Bedroom House (ref. 41696730) - Houses for Sale, Real Estate - Number of Bedrooms: 4, Number of Bathrooms: 2 - Cuyahoga, Ohio, United States

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Four Bedroom House (ref. 41696730)
Date & Time Listed: 2024-03-04 20:53:46 (GMT)

Posted in Categories: Real Estate, Houses for Sale - Number of Bedrooms: 4, Number of Bathrooms: 2
Posted From: United States, Ohio, Cuyahoga

Ad Details:

This lovely three bedroom single family home is located on a nice street in Corlett
and is less than one mile and just three minutes from John Adams College, one of
the leading schools in Cleveland.
There are three bedrooms, a full basement and a large rear garden. The property
has just been refurbished throughout including new vinyl siding, new windows, new
furnace and hot water tank. The property also has a tenant in place paying $975 in
rent each month.
This property is under management by a great local Cleveland property
management company.
Corlett is viewed as a very central location in Cleveland Ohio, it is just 8.6 miles from
Downtown and 5.3 miles from University Circle. Also just 1.4 miles away you have
Lee Harvard shopping centre. The property is also just three minutes to John Adams
College, one of the best schools in Cleveland..
Investment Calculations
Purchase price
$74,900
Gross annual rental income:
$16,800
Property running costs:(Tax, insurance and management costs)
$2,945
Net annual rental income:
$13,855
Investment calculation - Net Income divided by Purchase price = NET ROI.
Return of investment
19%
Break even in
5.26 Years.
This property is a House for sale.

Other Details:

Number of Bedrooms: 4
Number of Bathrooms: 2

Price: 74,900.00 USD

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Posted in Categories: Real Estate, Houses for Sale - Number of Bedrooms: 4, Number of Bathrooms: 2 Posted From: United States, Ohio, Cuyahoga

Posted in Categories: Real Estate, Houses for Sale - Number of Bedrooms: 4, Number of Bathrooms: 2
Posted From: United States, Ohio, Cuyahoga