[$80K-$85K] Invest in rental real estate in the United States in Cleveland – Popular area for investors – Mini price

Prix sur demande
Sold

41030

Property ID

6

Bedrooms

1

Bathroom

[$80K-$85K] Invest in rental real estate in the United States in Cleveland – Popular area for investors – Mini price

Description

Book your free telephone consultation !

Discover the area

Grow your profitable real estate portfolio with our turnkey service

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UNIVERSITY CIRCLE

This lovely home located just 20 minutes east of downtown Cleveland in the popular University Circle area. The vibrant University Circle is a cultural hotspot, home to institutions like the Cleveland Natural History Museum and the Museum of Contemporary Art, a modern mirrored glass building that regularly features temporary exhibitions. Severance Hall hosts performances by the Cleveland Orchestra.

The property is located less than 30 minutes by car from the main key points of Cleveland (the city center, the international airport, the city’s Cleveland Clinic-economic center, universities, restaurants, museums, the 3 stadiums: NBA – American Football – Baseball…, the Metroparks Zoo)

Numbers:

 

Gross income:

$13,200.00

Management:

$1,056.00

Net income:

$11,194.00

Property taxes:

$950.00

Cap rate>16%

 

Know the price!

Work completed:

  • New exterior paints
  • New interior paints
  • New fixtures
  • New carpets
  • New flooring
  • Kitchen renovation
  • Renovation of the bathroom
  • New boiler
  • New water tank
  • Changing and upgrading the electrical panel

Our objective is to optimize the profitability of our clients by offering turnkey investment products, including renovations and tenant installation.

We take care of everything, from the creation of the LLC, to the closing of the property purchased, then the rental management to ensure the proper functioning of your property.

Book your free telephone consultation !

Address

Address: 2181 E 82nd St
  • City / Town: Cleveland
  • Country: United States
  • Province / State: Ohio
  • Neighborhood: University Circle
  • Postal code / ZIP: 44103
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  • Property ID 41030
  • Price Prix sur demande
  • Property status Sold
  • Rooms 1
  • Bedrooms 6
  • Bathroom 1
  • Land area 368 m2

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