Three Bedroom House (ref. 41709241) - 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. 41709241)
Date & Time Listed: 2025-04-07 10:05:36 (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 in North Broadway which is just 4.5
miles from Downtown Cleveland. This property is just a short walk from the centre of Slavic Village
one of the most demanded areas in Cleveland.
The property has three large bedrooms, one bathroom, a large lounge diner, a full basement and a
large rear 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.
North Broadway is viewed as a very central location in Cleveland Ohio, it is just 4 miles miles from
Downtown and 5 miles from University Circle. The property is also less than 1 mile from Slavic
Village. Slavic Village is going through large development projects. This is one of the most up and
coming areas in the City and in huge demand from investors.
Investment Calculations
Purchase price
$84,900
Gross annual rental income:
$20,400
Property running costs:(Tax, insurance and management costs)
$3,655
Net annual rental income:
$16,745
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: 84,900.00 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