Beautiful and large MULTIFAMILY DUPLEX with five BEDROOMS, rental yield 15.39%

417 Arbor Rd
House with flats • 4 bed. • 2 bath. • 200 m²
AED 312,178

LA DESCRIPTION

This large two-unit multi-family duplex is located on a beautiful street in the sought-after Forest Hills neighborhood, near the shores of Lake Erie and only a three-minute drive from Glenville High School, one of Cleveland's top schools.

The property is divided into two apartments. It has a large two-bedroom apartment on the ground floor and a large two-bedroom apartment upstairs.

It is currently rented with tenants on site with a (undervalued) rent of $1000 per month. The house is managed by a large local Cleveland property management company.

Possibility to increase the rent to $650 x 2 = $1300 (actual value)

"Assignment and delinquent taxes included in the price"

Spaces

Bedrooms4
Bathrooms2

Surfaces

Living200 m²

417 Arbor Rd, Cleveland

Views and orientation extracted by AI.
Lake view