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Bargain townhouse for sale in Cleveland!
Free property management for 1 year
Priced competitively for a quick sale
Excellent returns of nearly 16%!
Cleveland is a target for many investors looking for solid rental return and capital values that are underpinned by the economic strength of this city.
At just $27,900 this house represents phenomenal value, particularly as it is a fully renovated American cash flow property. It's peak value was nearly $50,000.
Immediate cash flow! As the tenant is already placed, you will receive rent from day one, PLUS no rental management fees to pay for the first year. Thereafter, rental management fees will be 10% which is standard for the area. The rental management company will also ensure that your annual taxes are paid on your behalf.
The house measures 660 sq ft, excluding the very useful basement. It has 2 bedrooms and a family bathroom. The interior is attractive, with smart wooden flooring to the living room and wooden trims throughout the property. It has air conditioning and benefits from having an alarm installed.
Return on investment after costs is a high 15.93%
Bedrooms: 2
Rent: $600 per month
Taxes: $55 per month
NET Annual Income: $4,766
ROI: 17%
Property management: Free for one year
A fully renovated property selling for, well. . . peanuts. Tenant in place. No management fees for a year. In Cleveland. What's not to like for a low cost property investment?
We look forward to your enquiry on this bargain property.

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