Cleveland Multi Family: Yenileme Deal
A 4-bedroom multi family in Cleveland — modelled at 12% net.
The Property
This fantastic two apartment multi family home is located in the Waterloo Art District in North Collinwood, right next to the Lakefront. The house is right off Neff Rd and near E 185 street, Nearby parks include Euclid Creek Park, Wildwood Park and Beachland Park. th The property is divided into two large two bedroom apartments. The upper apartment has a tenant in place paying $1,000 inn rent each month. The lower apartment will be renovated by Global Investments best contractors and will be supplied rent ready to a Section 8 standard. The work will begin after the new owner closes on the property. When complete the management company will place brand new vetted tenants. This apartment should achieve $1,100 - $1,309 in rent each month with Section 8 housing.
Details
Features
- 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
- No hidden costs & all fees disclosed
- Yenileme meets Section 8 standards