Three Bedroom House (ref. 41706457) - 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. 41706457)
Date & Time Listed: 2024-09-09 14:30:07 (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 i is very well located in West Boulevard on the
Westside of Cleveland. The house is just 2 miles from Detroit Shoreway which is one of the best areas
in Cleveland.
There are three large bedrooms, one and a half bathrooms, a full basement and a large garden. The
property will be renovated by Global Investments best contractors and will be supplied rent ready to a
Section 8 standard. The works are included in the price and will begin as soon as the new owner closes
on the property. When complete =the management company will place brand new vetted tenants.
The house should achieve $1,250 – $1,600 in rent each month.
Stockyards is located on the Westside and viewed as a very central location in Cleveland Ohio, it is just
5 miles from Downtown Cleveland and only 2 miles from Detroit Shoreway which is one of the best
areas in Cleveland. The property is also only just 3 miles from the Metro Health centres main campus.
A $946 million transformation plan of an 11-story 264-bed hospital on its main campus on West 25th
Street in Cleveland. A huge project that is transforming the area. The house is also just 7 minutes from
Amazon on Madison Avenue.
Investment Calculations
Purchase price
$94,900
Gross annual rental income:
$19,200
Property running costs:(Tax, insurance and management costs)
$3,710
Net annual rental income:
$15,490
Investment calculation - Net Income divided by Purchase price = NET ROI.
Return of investment
17%
Break even in
5.8 Years.
This property is a House for sale.

Other Details:

Number of Bedrooms: 3
Number of Bathrooms: 1

Price: 94,900.00 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