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  • Our properties
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    • OPEN HOUSE registration in FLORIDA
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Kalliste International

  • Our properties
    • Houston
  • About us
    • Become a partner
  • Investor trip
    • Registration OPEN HOUSE in HOUSTON
    • OPEN HOUSE registration in FLORIDA
  • Our services
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+1 (248) 579-5289

Home in Cleveland, Ohio / 14,27%*

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Home in Cleveland, Ohio / 14,27%*
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  • Cleveland, Ohio

Home in Cleveland, Ohio / 14,27%*

5001, McBride Avenue, North Broadway, Cleveland, Cuyahoga County, Ohio, 44127, United States of America

Available

$79,900

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Home in Cleveland, Ohio / 14,27%*

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Bedrooms
2
Bathrooms
1
Surface
110 m²

Description

THE DESCRIPTION

This fantastic single-family home is located on a charming street on North Broadway, just a few miles from downtown Cleveland, less than a mile from the center of Slavic Village, one of Cleveland's most desirable neighborhoods, and just 8 minutes from John Adams High School.

The property has two bedrooms, a full bathroom, a living room, a kitchen, a dining room, a basement and a detached garage.
It is currently in the process of placing tenants with a rent of $950 each month, thus providing very good profitability for investors.

LOCAL AREA
North Broadway is considered a very central location in Cleveland Ohio, it is only 5,3 miles from downtown and 6,4 miles from University Circle. The property is also only 1,6 km from the center of the Slavic village. Slavic Village is undergoing major development projects and many new houses are also being built on vacant land. It is one of the most promising neighborhoods in the city and highly demanded by investors.

“*** “The percentage displayed in the title of the ad is an estimate of the gross rental yield. Please note that administrative costs, notary fees, inspection costs, restoration costs before rental, as well as fees are not included in the price displayed in the ad. It is also important to note that the estimated restoration costs can vary between $5000 and $10000 depending on the condition of the property. For a detailed view of all these fees, please refer to the financial table found in the description below. ***»

Additional details

  • Annual net profit: $9.060,00
  • Rental yield: 11,34% Net
  • Management fees (10%): $1.140,00
  • Insurance: $700,00
  • Rents: $950,00
  • Property taxes: $500,00
  • Common Expenses (Utilities): $0,00
  • SECTION 8 (rent payment assistance): No

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