Cleveland, Cuyahoga County, Ohio, USA
- PROPERTY TYPE
Detached
- BEDROOMS
4
- SIZE
1,706 sq ft
158 sq m
Key features
- Four bedrooms
- Tenanted
- Fully managed
- Local staff
- Garden
- Great location
- Good condition
- Multi unit
- Refurbished.
Description
from Downtown Cleveland. This property is also just 1.6 Miles from the centre of Slavic Village one
of the most demanded areas in Cleveland.
The property is divided into two large apartments, you have a large two bedroom apartment
downstairs and a large two bedroom apartment upstairs. One apartment has just been
refurbished and is now rent ready. The management company is currently screening for brand
new tenants, the apartment should achieve $1,000 - $1,250 in rent 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 also place new tenants paying $1,000 - $1,250 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 just 1.6 Miles 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
$119,900
Gross annual rental income:
$30,000
Property running costs:
(Tax, insurance and management costs)
$4,411
Net annual rental income:
$25,589
Investment calculation - Net Income divided by Purchase price = NET ROI.
Return of investment
21%
Break even in
4.76 Years.
Let GLOBAL help you with your real estate Investments. We are here to help you build your real estate portfolios, and can customise a purchase plan for your wealth building future! Global Investments provides our clients with excellent strategies for real estate investing, home ownership and wealth building. Understanding the market is the key to success. The market has changed so vastly in the past two years, it takes knowledge to navigate the current local markets and get the best deals.
For the real estate investor, this is the time to take advantage of the market, build portfolios, and create passive real estate income, all leading to future wealth. It can be difficult for new real estate investors to learn to navigate around all of the areas we sell in. Online public information directories, website listing companies etc, all can be very daunting, that is what we are here for.
We specialise in selling single family and multi tenanted homes in all States in the US. We have exclusive agreements with the biggest Asset Management Companies and Banks in the US bringing you the best investments at the best prices with no hidden gimmicks.
Just straight talking advice.
We pride ourselves on the level of service that we give before and after the sale, giving you a 24/7 hands on service which is unrivalled in the industry.
Our biggest business is repeat business and referral.
What we offer?
1.US and Uk offices.
2. Highest ROI in the marketplace
3. On the ground management.
4. Professionally managed by our US staff.
5. Safe and secure locations.
6. Renovation team on the ground.
7. Investment renovation packages
8. 24/7 after sales on hand every day.
9. Award winning Brokers
10. 5 star reviews.
11. Bulk purchases
12. LLC set up.
13. Home Warranty.
14. Landlord Insurance
If you're looking for great properties to purchase with excellent on-the-ground local property management then check out our current inventory, and contact us with any questions ?
Welcome to Global "We are always here to help."
Global Investments " The straight talking property company. "
Cleveland, Cuyahoga County, Ohio, USA
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Distances are straight line measurements- Detroit(International)99.1 miles
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Notes
This is a property advertisement provided and maintained by Global Investments USA, Manchester (reference kloikhnbvccvolkxdse) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.