PROFIT: $21.500 = 13,03% Net

THE DESCRIPTION
This fantastic single family and triplex property (same lot) is located on a lovely street in Saint Clair-Superior, just 3.4 miles from downtown Cleveland. Saint Clair-Superior is close to the big lake, the lakefront properties offer lots of potential for future growth.

The property features a large brick family home with three bedrooms and two bathrooms. The property is now vacant, it has also just been renovated inside and ready to rent.
The second property is a multi-family dwelling divided into three apartments. It consists of a large one bedroom apartment (studio) and two large two bedroom apartments. The management company will also place new tenants in each unit when the new owner closes on the property with a rent of $2,500 per month.
The property is managed by a large local Cleveland property management company.

LOCAL AREA
Saint Clair-Superior is considered an up-and-coming neighborhood in Cleveland due to its proximity to the lake. It is also just 2.3 miles from downtown and within walking distance of Ohio Technical College. The college is known for its specialized training in motorsports and the automotive industry.