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

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  • 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.


Purchase Price: $61,900

Closing Costs: $600.00


RENTAL INCOME: $12,888.00 per annum


Property Taxes: $706.00

Insurance: $600.00

Management: $966.00


NET INCOME: $10,616.00


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

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