Three Bedroom House (ref. 41709137) - 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. 41709137)
Date & Time Listed: 2025-03-24 10:10:30 (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 large three bedroom single family home is located in Buckeye Shaker and is only minutes
from the centre of the famous Shaker Square. Shaker Square is one of the biggest attractions in
Cleveland and is full of restaurants, bars, boutiques and even has a cinema.
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 will begin after the new owner closes on the property,
when complete the management company will place brand new vetted tenants. The house should
achieve $1,250 – $1,700 in rent each month.
Buckeye Shaker is seen as a very strong investment area in Cleveland, less than 1 mile away you
have the famous Shaker Square. The house is also just 5 minutes to Larchmere Blvd which is host
to a multitude of many quality cafe’s, restaurants, beauty salons, fashion shops and many small
businesses. This house is extremely well located.
Investment Calculations
Purchase price
$83,900
Gross annual rental income:
$20,400
Property running costs:(Tax, insurance and management costs)
$3,307
Net annual rental income:
$17,093
Investment calculation - Net Income divided by Purchase price = NET ROI.
Return of investment
20%
Break even in
5 Years.
This property is a House for sale.

Other Details:

Number of Bedrooms: 3
Number of Bathrooms: 1

Price: 83,900.00 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