Cleveland, Cuyahoga County, Ohio, USA
- PROPERTY TYPE
Detached
- BEDROOMS
4
- BATHROOMS
2
- SIZE
2,396 sq ft
223 sq m
Key features
- Four bedrooms
- Multi unit
- Fully managed
- Local staff
- Garden
- Great location
- Good condition
- Section 8
- Refurbished.
Description
world famous Cleveland Clinic, 2 miles from The University Circle, and only 1.7 miles from Case Western
University.
The property is divided into two large apartments, you have a large three bedroom apartment
downstairs and a large three bedroom apartment upstairs. The property is aluminum sided and in decent
overall condition, ready for renovation. Both apartments will be renovated by Global Investments best
contractors and will be supplied rent ready to a Section 8 standard. The rent ready works will begin
when the new owner closes on the property, When complete the management company will place brand
new vetted tenants. Each apartment should achieve $1,100 - $1,468 in rent each month.
Fairfax is viewed as a very well located suburb in Cleveland Ohio, it is just 4 miles from Downtown and 2
miles from University Circle. The University Circle has the highest concentration of cultural attractions
and performing arts venues in the whole of the US. There are many new build homes being built in this
area, increasing the value or surrounding properties with a good potential for capital appreciation.
Beautiful street surrounded by massive new construction homes valued at $600K-$800K
Annual Gross Rent $35.232
Management Fee $3.523
Property Tax $562
Insurance $1.000
Net Annual Income $30.147
Net Return on Investment (ROI) 22%
Payback Period 4.6 yrs
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
NEAREST AIRPORTS
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 knbvcderuikjolll) 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.