4 Bed Land For Sale in Cleveland America | PA573-14451-395

Language:
Facebook Linkedin Twitter RSS
Your have 0 properties in your shortlist - View Shortlist >>

Refine Your Search

  • Price £39,565
  • Number of Beds 4
  • Location Cleveland, Ohio, America
  • Property Type Land
  • Swimming Pool No
  • Listing Type For Sale
  • Property Reference PA573-14451-395

Property Description

4 Bed Land In Cleveland

Only $61,900
* Section 8 allows annual rent increases!
* High yield property - excellent ROI!
* Tenants and management in place - turnkey!
* Immediate income - rents prorated at the closing!
* Previously sold for $97,000

12713 Locke Ave, Cleveland OH 44108 is a two story duplex features 2 beds, 1 bath in each unit; total of two 2 bed units as well as a full basement and attic.

This turnkey property is approximately 2,039 sq ft and it previously sold for $97,000 in August of 2005.

All section 8 inspections are passed and approved with guaranteed income paid directly into your bank account each month by the US Federal Government. Section 8 allows for annual rent increases.

Section 8 tenants are likely to remain in one particular unit for several years. Assistance helps them stabilize their home environment, which reduces turnover and income loss in a rental scenario.

KEY FIGURES:

Purchase Price: $61,900

Closing Costs: $600.00

TOTAL OUTLAY: $62,500

RENTAL INCOME: $12,888.00 per annum

OUTGOINGS:

Property Taxes: $706.00

Insurance: $600.00

Management: $966.00

TOTAL OUTGOINGS: $2,272.00

NET INCOME: $10,616.00

THE NET YIELD IS THEREFORE A FANTASTIC 16.99 %

For further information or to reserve this property, please complete the enquiry form as soon as possible.

Price: 61900.00 $ Bedrooms: 4 Bathrooms: 2

Approximate Property Location

Like this property? Get in touch...

Add me to your mailing list

Send me details on foreign currency

Send me Overseas Mortgage information

Please note:
All property information is submitted by the agent or private seller and is true at the time of submission.

By completing this enquiry form you agree to our terms and conditions and are allowing the agent to contact you directly to discuss the property and provide more information.

Terms & Conditions >

Key Features

  • Not Specified
Overseas Mortgages Buying Foreign Exchange Holiday Home Insurance