Property for sale in City of Cleveland - 41698433 - Advertised on propertyO by Global Investments Incorporated

House for sale


Ohio, Cuyahoga County, City of Cleveland, USA Property ID: 41698433

Property description

This large multi-family home is located in Buckeye Shaker and is only four minutes and
walking distance from the centre of the famous Shaker Square. Shaker Square is one of
the biggest attractions in Cleveland and is full of restaurants, bars, boutiques and even
has a cinema.
The property is divided into two large apartments. You have a large two bedroom
apartment downstairs and a large two bedroom apartment upstairs. The property also
has tenants in place in both apartments one paying $600 in rent and the other paying
$650 in rent each month. The market rent is closer to $750 – $800 in rent each month.
The seller has asked not to disturb the tenants so interior picture will be supplied on
inspection prior to contract.
Buckeye Shaker is seen as a very strong investment area in Cleveland, less than 1 mile
away you have the famous Shaker Square. The house is also just 1 mile to Larchmere
Blvd which is host to a multitude of many quality cafe’s, restaurants, beauty salons,
fashion shops and many small businesses. This house is extremely well located.

Investment Calculations
Purchase price
Gross annual rental income:
Property running costs:(Tax, insurance and management costs)
Net annual rental income:
Investment calculation - Net Income divided by Purchase price = NET ROI.

Return of investment


Break even in

6.6 Years

Contact Global Investments Incorporated about this property

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