Medhead - Buy Your Dream Holiday Home
Advertise your property for as little as £20 per month
This large multi-family home is located in Mount Pleasant and is only five minutes fromthe famous Shaker Square. Shaker Square is one of the biggest attractions in Clevelandand is full of restaurants, bars, boutiques and even has a cinema.The property is divided into three large apartments, you have a large two bedroomapartment downstairs , a large two bedroom apartment upstairs.and also a convertedone bedroom attic apartment. The property has a section 8 tenant in place in the firstfloor apartment paying $850 in rent each month. The ground floor apartment and theattic apartment are rental ready. The management company will place brand newtenants when the new owner closes on the property. The ground floor two bed shouldalso acheive $850 in rent each month and the attic apartment $400 in rent each month.
Mount Pleasant is seen as a very strong investment area in Cleveland, just over 1 mileaway you have the famous Shaker Square which is one of the biggest attractions inCleveland. Shaker Square is full of restaurants, bars, boutiques and even has a cinema.This property is also only 7 miles from Downtown and 4 miles from the University Circle.
Return of investment
21%
Break even in
4.76 Years.
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£80,591
Global Investments Incorporated
Date added: 11 Jul 2023
£127,299
Date added: 25 Aug 2023