This large three apartment turn key multi family home is located on a nice street in Forest Hills
close to the shores of Lake Erie and is walking distance to Glenville High School, one of the best
schools in Cleveland.
The property is divided into three large apartments, you have two large two bedroom apartments
and one large one bedroom apartment. The one bedroom apartment has a tenant in place paying
$650 inn rent each month. The remaining 2 x 2 beds are both refurbished and rent ready. The
management company will place brand new tenants when the new owner closes on the property.
Each apartment should achieve $850 – $1,250 in rent each month. The tenants coould be Section
8 housing or private.
Forest Hills is seen as a very strong investment area in Cleveland, it is close to the Waterloo
District, Euclid, Bratenahl and the I90 (highway) Lakeshore is appealing for bus lines and bike
trails. The house is less than 2 miles to the Famous Shoreby Club and the neighbouring
community Bratenahl. Bratenahl is one of the most exclusive residential areas in Cleveland where
properties can sell in the Millions.