PURCHASE OF A 140m² HOUSE IN CLEVELAND FOR $65.000-PROFIT: $13.303 = 20,47% Net

THE DESCRIPTION
This fantastic large multi-family home is located in Buckeye Shaker and only a five minute walk to the center of the famous Shaker Square. Shaker Square is one of Cleveland’s biggest attractions and is full of restaurants, bars, stores and even has a movie theater.

The property is divided into two large apartments. It has a large two bedroom apartment on the first floor and a large two bedroom apartment upstairs.

It is currently in the process of renting, tenants will be placed and the rent is $1,500 per month. The home is managed by a large local Cleveland property management company.

LOCAL AREA
Buckeye Shaker is considered a very strong investment area in Cleveland, less than a mile away is the famous Shaker Square. This property is also just 5.7 miles from downtown and 3 miles from University Circle, which has the largest concentration of cultural attractions and entertainment venues in the entire United States.