Net Return - 12.78%Investment Paid Back in 7.82 Years
Gross Annual Income$8,400.00$700.00/Rent Per Month
HOTLIST
Description
1 – 3 Bedroom House
This very nice three bedroom family home is located on a nice street in Old Brooklyn on the Westside of Cleveland, the house is just 1.1 miles from Cleveland Metroparks Zoo & food court.. The property has three large bedrooms, one bathroom, a large rear garden and a detached garage. The property has tenants in place keeping it in great condition paying $700 in rent each Month. This property is under management by a local Cleveland property management company.
House is in Good Shape
Appreciation
10 Fortune 500 company headquarters, including: Goodyear Tire, Cliffs, Natural Resources, FirstEnergy, Sherwin Williams, Eaton Corporation, Travel Centers of America, Aleris, Parker Hannifin, Progressive Insurance, and KeyCorp.
Its easy to buy B neighborhood properties for as low as $70,000 and turn that into $800 a month; Properties remain well below mid-2000 prices in most areas
Detail
Property ID: 0003
Price:Gross Annual Income $8,400.00
Property Size: 1193 sqft
Land Area: 4200 sqft
Bedrooms: 3
Bathrooms: 1
Garage: Yes
District: Old Brooklyn
No. Of Units: Single Unit
NET RETURN: Net Return - 12.78%
Ownership Tenure: Investment Paid Back in 7.82 Years