PROFIT: $11.040 = 12,69% Net

THE DESCRIPTION
This fantastic large multi-family home is located in Buckeye Shaker and only five minutes and walking distance from the center of the famous Shaker Square. Shaker Square is one of Cleveland’s biggest attractions and is full of restaurants, bars, stores and even has a movie theater.

The property is divided into two large apartments. It has a large two bedroom apartment on the first floor and a large two bedroom apartment upstairs.

It is currently under renovation, once the ongoing updates are complete, tenants will be placed, rent is $1,300 per month. The home is managed by a large local Cleveland property management company.

LOCAL AREA
Buckeye Shaker is considered a very strong investment area in Cleveland, less than a mile away is the famous Shaker Square. This property is also just 5.7 miles from downtown and 3 miles from University Circle, which has the largest concentration of cultural attractions and entertainment venues in the entire United States.