Cleveland, Cuyahoga County, Ohio, USA
- PROPERTY TYPE
Detached
- BEDROOMS
7
- BATHROOMS
2
- SIZE
2,396 sq ft
223 sq m
Key features
- Seven bedrooms.
- Section 8 rental
- Fully managed
- Local staff
- Garden
- Great location
- Good condition
- Renovation.
- Multi unit
Description
Erie. Hough is a very demanded area in Cleveland due to its close proximity to the University Circle, the entrance is just 2.5
miles away. The house is also very close to Downtown, just 2.3 Miles to Cleveland State University.
The property is split into two individual apartments. You have a large four bedroom apartment and a large three bedroom
apartment. Both apartments will be renovated by Global Investments best contractors and will be supplied rent ready to a
Section 8 standard. The works will begin after the new owner closes on the property. When complete the management
company will place brand new vetted tenants. The 4 bed apartment should achieve $1,250 - $1,661 in rent each month and
the 3 bed $1,200 - $1,559 based on current Section 8 rates for this zip code. This house includes all new exterior paint and a
brand new roof. when renovated is estimated to have an ARV of approx $160,000 - $180,000
Hough is seen as a very strong investment area in Cleveland, it is close to the Waterloo District, Euclid, Bratenahl and the I90
(highway It is also just 2.5 miles from the University Circle. The house is also just a short walk to the largest planned, single
development in a century, proposed for Cleveland's Hough neighbourhood by reutilising the huge site of the closed Martin
Luther King Jr. High School, 1651 E. 71st St in which 310 housing units and two divisible commercial spaces are planned.
Annual Gross Rent $38.640
Management Fee $3.864
Property Tax $693
Insurance $1.200
Net Annual Income $32.883
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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Notes
This is a property advertisement provided and maintained by Global Investments USA, Manchester (reference lmnbvcdferylkjhkkko) 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.



