PURCHASE OF A 900 M² BUILDING IN CLEVELAND FOR $286.000-PROFIT: $31.660 = 11,07% NET

THE DESCRIPTION
This beautiful six-unit multi-family building is located in the desirable Glenville neighborhood, just six minutes from Glenville High School, one of Cleveland’s top schools.

The property has six units, each with two bedrooms and a full bath.
Currently, the apartments are being renovated, once the ongoing updates are complete, tenants will be placed with a rent of $4,200 per month. The property is managed by a large local Cleveland property management company.

LOCAL AREA
Glenville is considered a very strong investment area in Cleveland, it is close to the Waterloo neighborhood, Euclid, Bratenahl and I90 (freeway) Lakeshore is attractive for bus routes, bike paths and allows access to parks and the beach in the north zone neighborhoods. It is also only 8 km from downtown and only 2 km from the Círculo Universitario.