Skip to content

Cleveland, Cuyahoga County, Ohio, USA

USD $104,900
Global Investments USA, Manchester
PROPERTY TYPE

Detached

BEDROOMS

6

BATHROOMS

2

SIZE

2,298 sq ft

213 sq m

Key features

  • Six bedrooms
  • Multi unit
  • Fully managed
  • Local staff
  • Garden
  • Great location
  • Good condition
  • Section 8
  • Refurbished.

Description

This large six bedroom multi family home is located on a nice street in St.Clair-Superior which is just 2.8 miles
to Downtown Cleveland. Properties close to the City rarely come onto the market at the right price as there
is huge potential for future capital appreciation.
The property is divided into two large apartments, you have a large three bedroom apartment downstairs
and a large three bedroom apartment upstairs. The upper unit has a tenant in place paying $550 in rent each
month whcih is very much under market value. The current market Section 8 rent is currently $1,000 - $1,350
each month. The downstairs apartment will be renovated by Global Investments best contractors and will be
supplied rent ready to a Section 8 standard. When complete the management company will place brand new
vetted tenants. The 3 bed apartment should achieve $1,000 - $1,350 in rent each month with Section 8
housing.
St.Clair-Superior is an extremely well located suburb which is just 2.8 miles East of the centre of downtown.
The property is very close to Burke Lakefront Airport just to the North. Due to the proximity of the City and
every amenity possible this area is very highly demanded for rentals. The house is walking distance to Saint
Martin de Porres & also the fantastic Goldhorn Brewery, the latest trendy extremely popular tap house.

Investment Calculations
Purchase price
$104,900
Gross annual rental income:
$22,800
Property running costs:
(Tax, insurance and management costs)
$3,680
Net annual rental income:
$19,120
Investment calculation - Net Income divided by Purchase price = NET ROI.
Return of investment

19%

Break even in

5.26 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

Approximate location

NEAREST AIRPORTS

Distances are straight line measurements
  • Detroit(International)
    99.1 miles
Advice on buying American property

Advice on buying American property

Learn everything you need to know to successfully find and buy a property in USA.

About the agent

Global Investments USA, Manchester

Reedham House, 31 King Street West, Manchester M3 2PJ

Global Investments USA, Manchester

At Global, our dynamic team of investment specialists will give you the best and most professional advice, without forgetting the personal touch. We can deliver the best prices and yields in every market we operate in, we have our finger on the pulse.

With our US property investments our broad network of agents covers every State in the USA. We are currently one of the market leaders as our Agents have their ears to the ground delivering the best priced properties the second they hit th

More properties from this agent

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by Global Investments USA, Manchester (reference ujhytgfredsnnnnnlpod) 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.

Email agent

Email agent