Home in Cleveland, Ohio / 15,79%*

THE DESCRIPTION

This beautiful single-family home is located on a very pleasant street in the sought-after North-Collinwood neighborhood, right next to the famous Manhattan Beach and only five minutes from the lakefront. The home is also just 1,5 miles and five minutes from Collingwood High School, one of Cleveland's top schools.

The property has three 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 $1 each month, thus providing very good profitability for investors.

LOCAL AREA
North-Collinwood is considered a very strong investment area in Cleveland, with the city pouring millions into renovating the neighborhood. Alan Glazen, a retired advertising executive, is also the driving force behind the Light Switch project. Alan wants to make North Collinwood Cleveland the premier music and entertainment district
entertainment with concert halls, music stores, restaurants, bars, bocce ball court and hopefully boutique hotels. The potential for capital growth in the coming years for North Collinwood is very high.

“*** “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. ***»