Four Bedroom House (ref. 41708223) - Houses for Sale, Real Estate - Number of Bedrooms: 4, Number of Bathrooms: 2 - Cuyahoga, Ohio, United States

Members Only:
Welcome to Kugli.com!

New to Kugli.com?
* Create Member Account!

Already a Member?
Login Below:
Forgot Password?

Popular Locations

* India
  * Chennai
  * North Delhi
  * Bangalore
  * Gautam Buddha Nagar
  * Ghaziabad
  * Greater Bombay
* United States
  * New York
  * Miami
  * Los Angeles
  * Louisville
  * Atlanta
  * Houston
* Philippines
  * Makati City
  * Pasig City
  * Cebu City
  * Quezon City
  * Taguig City
  * Mandaluyong City
* Greece
  * Kalamitisi
  * Nikiti
  * Thessaloníki
  * Kalamariá
  * Glyfáda
  * Chaniotis
* Spain
  * Alicante
  * Marbella
  * Málaga
  * Barcelona
  * Torrevieja
  * Nueva Andalucia
* Vietnam
  * Ho Chi Minh City
  * Ha Noi
  * Ho Chi Minh
  * Tay Ho District
  * Ba Dinh District
  * Hcm City

Four Bedroom House (ref. 41708223)
Date & Time Listed: 2024-12-19 10:10:47 (GMT)

Posted in Categories: Real Estate, Houses for Sale - Number of Bedrooms: 4, Number of Bathrooms: 2
Posted From: United States, Ohio, Cuyahoga

Ad Details:

This fantastic large multi family home is located in the sought after area of Glenville, less than 3 miles to
the centre of University Circle. This house is in arguable the best area of Glenville which historically
housed the wealthiest in Cleveland. Some of the houses are extremely large and are now becoming very
desirable among residents and professionals alike. Many Doctors and Nurses are living in this area due
to the proximity to the Cleveland Clinic.
The property is divided into two two bedroom apartments. One apartment has a tenant in place paying
$800 in rent each month. The market rent with Section 8 housing is $1,000 – $1,250 each month. The
second apartment will be renovated by Global Investments best contractors and will be supplied rent
ready to a Section 8 standard. The works will start after the new owner closes on the property. When
complete the management company will place brand new vetted tenants. The apartment should achieve
$1,000 – $1,250 in rent each month.
Glenville is seen as a very strong investment area in Cleveland, it is close to the Waterloo District, Euclid,
Bratenahl and the I90 (highway). The property is extremely well located and is very close to the VA
hospital the Cleveland Museum of natural history, the Cleveland, Museum of Art, casted western reserve
University, the university hospitals, and the Cleveland clinic.
Investment Calculations
Purchase price
$104,900
Gross annual rental income:
$24,600
Property running costs:(Tax, insurance and management costs)
$4,369
Net annual rental income:
$20,231
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: 4
Number of Bathrooms: 2

Price: 104,900.00 USD

More Ads Posted by Member

Contact Ad Poster by E-Mail

Report Ad

*
* Wrong Category / Location
* Spam / Overpost

Safety Tips:
* Deal Locally with persons you can meet face to face - this is the most important tip!
* Avoid Sending Funds with Western Union, Moneygram or and other similar service
* Kugli.com is not an Escrow service, we are not involved in any transaction between our members.

Posted in Categories: Real Estate, Houses for Sale - Number of Bedrooms: 4, Number of Bathrooms: 2 Posted From: United States, Ohio, Cuyahoga

Posted in Categories: Real Estate, Houses for Sale - Number of Bedrooms: 4, Number of Bathrooms: 2
Posted From: United States, Ohio, Cuyahoga