This large three apartment multi-family home is located in Mount Pleasant and is just seven minutes
from 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.
The property is divided into three large apartments, you have two large three bedroom apartments on
the ground floor and first floor and also a large 2 bedroom attic conversion. One of the three bedroom
apartments has a Section 8 tenant in place paying $900 in rent each month. The remaining two
apartments have just been vacated. Included in the price are the cosmetic works needed to bring both
apartments up to a Section 8 rent ready standard. The works will begin as soon as the new owner
closes on the property. When complete the management compsny will place brand new tenants. Each
apartment should achieve $1,000 – $1,250 in rent each month with Section 8 housing.
Mount Pleasant is seen as a very strong investment area in Cleveland, just 2 miles away you have
Shaker Square which is one of the biggest attractions in Cleveland. The house is also just bordering on
the famous Shaker Heights, one of the most desirable areas in Cleveland. The house is just 2.5 miles
from Shaker Heights High School.