Four Bedroom House (ref. 41701897) - Houses for Sale, Real Estate - Number of Bedrooms: 4, Number of Bathrooms: 4 - Cuyahoga, Ohio, United States

Members Only:
Welcome to Kugli.com!

New to Kugli.com?
* Create Member Account!

Already a Member?
Login Below:
Forgot Password?

Popular Locations

* India
  * Chennai
  * North Delhi
  * Bangalore
  * Gautam Buddha Nagar
  * Ghaziabad
  * Greater Bombay
* United States
  * New York
  * Los Angeles
  * Miami
  * Louisville
  * Atlanta
  * Houston
* Philippines
  * Makati City
  * Pasig City
  * Cebu City
  * Quezon City
  * Taguig City
  * Mandaluyong City
* Greece
  * Kalamitisi
  * Nikiti
  * Thessaloníki
  * Kalamariá
  * Glyfáda
  * Chaniotis
* Spain
  * Alicante
  * Marbella
  * Málaga
  * Barcelona
  * Torrevieja
  * Nueva Andalucia
* Vietnam
  * Ho Chi Minh City
  * Ha Noi
  * Ho Chi Minh
  * Tay Ho District
  * Ba Dinh District
  * Hcm City

Four Bedroom House (ref. 41701897)
Date & Time Listed: 2024-03-07 16:21:21 (GMT)

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

Ad Details:

This great opportunity to purchase a very large four apartment multi gamily home on a nice street in Broadway/
Slavic Village which is just 4.5 miles from Downtown Cleveland. This property is also less than a mile from the centre
of Slavic Village.
The property is divided into four spacious one bedroom apartments, you have two, one bedroom apartments at the
front of the property and two, one bedroom apartments at the rear of the property. One of the apartments has a
tenant in place paying $675 in rent each month. The three remaining apartments needs some small cosmetic
repairs needed to be made rental ready. The works are included in the price and will begin after the new owner
closes on the property, when completed the management company will also place new tenants. The apartments
will be supplied rent ready to Section 8 standards, the current market rent for Section 8 is $850 – $950 each Month.
Broadway/Slavic Village is viewed as a very central location in Cleveland Ohio, it is just 4.5 miles from Downtown
and 4.3 miles from University Circle. The property is also just less than a mile from the centre of Slavic Village which
is going through large development projects. This is one of the most up and coming areas in the City and in huge
demand by investors. The house is also just 1 mile from the brand new Amazon fulfilment centre and latest
acquisition of the 1.273-acre site of the former Mound Elementary School on Mound Avenue at East 55th Street
Investment Calculations
Purchase price
$152,900
Gross annual rental income:
$42,300
Property running costs:(Tax, insurance and management costs)
$6,870
Net annual rental income:
$35,430
Investment calculation - Net Income divided by Purchase price = NET ROI.
Return of investment
23%
Break even in
4.34 Years.
This property is a House for sale.

Other Details:

Number of Bedrooms: 4
Number of Bathrooms: 4

Price: 152,900.00 USD

More Ads Posted by Member

Contact Ad Poster by E-Mail

Report Ad

*
* Wrong Category / Location
* Spam / Overpost

Safety Tips:
* Deal Locally with persons you can meet face to face - this is the most important tip!
* Avoid Sending Funds with Western Union, Moneygram or and other similar service
* Kugli.com is not an Escrow service, we are not involved in any transaction between our members.

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

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