Property · Cleveland · Multi Family · Ref CL 874434
Cleveland Multi Family: Reforma Deal
A 4-bedroom multi family in Cleveland — modelled at 22% net.
$134,900
21% Net Return
Section 8 Ready
Cash Only
1,584 ft² · 4 bd · 2 ba
The Property
This large multi-family home is located on a nice street in Corlett and is just 1.5 miles to John Adams College, one of the leading schools in Cleveland. The property is divided into two large two bedroom apartments. Both apartments will be renovated by Global Investments best contractors and will be supplied rent ready to a Section 8 standard, The works will begin when the new owner closes on the property. When complete the management company will then place brand new vetted tenants. Each apartment should achieve $1,100 - $1,412 in rent each month with Section 8 housing.
Details
Price$134,900
Property size1,584 ft²
Bedrooms4
Bathrooms2
TypeMulti Family
Status22% Net Return
ReferenceCL 874434
FinanceCash purchase
Features
- 20+% NET ROI
- 4-bedroom layout with basement
- High rental demand zip code
- Ideal for portfolio growth
- In a fast-appreciating neighborhood
- Legal and tax support available
- Managed by local professional team
- Reforma meets Section 8 standards
Location
Cleveland, 44128
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Approximate location — the exact address is released to buyers under NDA, standard on US listings.