Property
Beds
8
Full Baths
4
1/2 Baths
None
Year Built
1909
Sq.Footage
N/A
Turnkey cash-flowing quad just 2.8 miles from Downtown Cleveland. Each of the four 2BR/1BA units has been fully renovated - over $65,000 invested, Section 8 compliant, and showing well. Currently 3/4 occupied with the fourth tenant already identified; rent roll stabilizes at $3,800/month, delivering a clean 10% cap at asking. Solid 4,266 SF brick construction on a 4,800 SF lot in a rapidly appreciating, development-heavy corridor near Rockefeller Park and the waterfront. Strong structural integrity, proven rent demand, and reliable tenant base make this a no-brainer hold for investors seeking durable Cleveland cash flow with upside.
Features & Amenities
Interior
-
Total Bedrooms
8
-
Bathrooms
4
-
Basement YN
YES
-
Cooling YN
NO
-
Cooling
None
-
Heating YN
YES
-
Heating
Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
4
-
Construction Materials
Brick
-
Parking
Driveway
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.1102
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
Price
-
Sales Price
$269,500
-
Tax Amount
2757.0
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
Cleveland Municipal - 1809
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Cuyahoga
Elementary School
Cleveland Municipal - 1809
Middle School
High School
Listing Courtesy of Michael T Arko , Keller Williams Greater Metropolitan
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