Property · Cleveland · Multi Family · Ref CL-73213

Cleveland Multi Family: Yenileme Deal

A 5-bedroom multi family in Cleveland — modelled at 20% net.

$139,900 20% Net ReturnYenileme Cash Only 1,862 ft² · 5 bd · 2 ba

The Property

This large multi-family home is very well located in Cudell on the Westside of Cleveland. The house is just a short walk to The Amazon Hub @ 10801 Madison Avenue. The property is divided into two large apartments. You have a large two bedroom apartment downstairs and a large three bedroom apartment upstairs. 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. The 2 bed apartment should achieve $1,000 - $1,250 in rent each month and the 3 bed $1,250 - $1,630 each month based on current Section 8 housing rates for this Zip code.

Details

Price$139,900
Property size1,862 ft²
Bedrooms5
Bathrooms2
TypeMulti Family
Status20% Net Return
ReferenceCL-73213
FinanceCash purchase

Features

  • 20+% NET ROI
  • 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

Location

Cleveland, 441102 Open in Google Maps →
Approximate location — the exact address is released to buyers under NDA, standard on US listings.