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  • 4
  • Ohio
Price £29,083
  • title image

Property Description

Quality tenanted duplex generating 17.71% NET yield. This is a great 4 bedroom duplex which is located in Hosmer Avenue, Cleveland, Ohio. The popular South Broadway district is renowned for its' speciality shops and festivals.

Built in 1918, the 4 bedroom, 4 bathroom accommodation totals 1,677 square foot on a lot of 5,184 square foot. The property benefits from a detached garage.

The property has recently been renovated and new tenants have moved in ensuring an excellent income from day one.

This property is priced to sell quickly so please contact us now for full details if you are genuinely interested.

Reserve this now and start collecting income from day one!

Unlike many of our competitors, we take into account all closing and ongoing costs to give you a genuine net yield!

KEY FIGURES:

Purchase Price: $45,500

Fixed Closing Costs: $2,500

TOTAL OUTLAY: $48,000

RENTAL INCOME: $12,000

OUTGOINGS:

Property Taxes: $1,100

Water: $600

Insurance: $600

Management: $1,200

TOTAL OUTGOINGS: $3,500

NET INCOME: $8,500

THE NET YIELD IS THEREFORE A FANTASTIC 17.71%

Please contact us for further information or to reserve this property.

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Property Location

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