LA DESCRIPTION
This large two-apartment multifamily home is located on a pleasant Street on South Broadway, just 8.5 km from downtown Cleveland. This property is also four minutes and less than a mile from the center of Slavic Village, one of Cleveland's most sought-after neighborhoods.
The property is divided into two apartments. It includes a large two bedroom apartment on the ground floor and a large three bedroom apartment upstairs. The property already has tenants in an apartment. The tenant is a Division 8 unit that pays rent of $500 per month. The Division 8 tenant also requested a rent increase. If his application is accepted, it will increase the ROI. The second apartment needs some minor cosmetic repairs to be rented. Repairs are included in the price and will be carried out after the property is closed by the new owner. Management will place new tenants paying $750 per month in rent.