PURCHASE OF A 168 m² HOUSE IN CLEVELAND FOR $78.000 – PROFIT: $13.300 = 17,05% NET

THE DESCRIPTION
This beautiful five bedroom single family home is located on a beautiful street in the Mount Pleasant neighborhood and only five minutes from 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 features five bedrooms, two full bathrooms, a kitchen with dining area, a backyard patio and a detached garage.
It is currently being upgraded, once the renovations are complete, tenants will be placed in the property at a rent of $1,400 per month.
The home is managed by an excellent local Cleveland property management company.

LOCAL AREA
Mount Pleasant is considered a very strong investment area in Cleveland, less than 1.3 miles away is the famous Shaker Square, which is one of Cleveland’s biggest attractions. Shaker Square is full of restaurants, bars, stores and even has a movie theater. This property is also just 6.9 miles from downtown and 4 miles from University Circle.