PURCHASE OF 111M² HOUSE IN CLEVELAND FOR $59.900-PROFIT: $8.000 = 13,36% NET

THE DESCRIPTION
This excellent and large four bedroom single family home is located on a beautiful street in Union – Miles Park, an excellent area of Cleveland, close to Mount Pleasant and Slavic Village. It is also only 5 minutes away from John Adams High School, which is one of the best schools in Cleveland.
The property features four bedrooms, a full bathroom, a large living/dining room, a full basement and a large backyard.
It is currently with tenants in place with the rent being $875 each month, plus it has a rental guarantee; it is Section 8 housing, so the rent is paid directly to the owner through the City of Cleveland.
The home is under the management of an excellent local Cleveland property management company.

LOCAL AREA
Union – Miles Park is considered a very central location in Cleveland Ohio, it is only 6 miles from downtown and 4.5 miles from University Circle. University Circle has the highest concentration of cultural attractions and performing arts venues in the entire United States.