Cash Purchase Deal
| Annual Gross Rent | $37.656 |
|---|---|
| Management Fee | $3.766 |
| Property Tax | $1.262 |
| Insurance | $1.000 |
| Net Annual Income | $31.628 |
| Net Return on Investment (ROI) | %21 |
|---|---|
| Payback Period | 4.7 yrs |
Description
This large multi-family home is located in Buckeye Shaker and is only five
minutes from the famous Shaker Square. Shaker Square is one of the biggest
attractions in Cleveland and is full of restaurants, bars, boutiques and even has
a cinema.
The property is divided into two large apartments. You have a large two
bedroom apartment downstairs and a large three bedroom apartment upstairs.
The property 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. Currently with Section 8 housing for this
location 2 beds reach up to $1,376 in rent each month & 3 beds $1,762
Details
Updated on September 15, 2026 at 3:14 pm- Price: $149,900
- Property Size: 1986 Sq Ft
- Bedrooms: 5
- Bathrooms: 2
- Property Type: Multi Family
- Property Status: 21% Net Return
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