PURCHASE OF 193m² DUPLEX IN CLEVELAND FOR $87.000-PROFIT: $12.720 = 14,62% Net

THE DESCRIPTION
This beautiful six-bedroom multifamily duplex is located on a beautiful street in the Kinsman neighborhood, an attractive suburb that is only 4.6 miles from downtown Cleveland.

The property is divided into two apartments, each with three bedrooms with one bathroom, a shared basement and parking space.

It currently has tenants in place whose rent is $1,200 per month.
The home is managed by an excellent local Cleveland property management company.

LOCAL AREA
Kinsman is considered a very central location in Cleveland Ohio, it is only 4.6 miles from downtown and 3.4 miles from University Circle. The property is in a highly sought after area for buyers and renters. The area has many new developments and new housing projects underway, parcels of land that are also being sold and new developments on the horizon, making this area a great buy for capital appreciation.