10552 Elk Ave is a fully renovated turnkey duplex delivering $1,800/mo in rent (nearly at full proforma of $1,900). Being sold as a 10% cap rate on actual rents. Both units and exterior are fully renovated, with classic Colonial styling, solid frame construction, and asphalt roof. Just 1.3 miles to the Cleveland Lakefront Nature Preserve and only 5 miles down the corridor into Downtown, the property also sits 1.2 miles from Bratenahl, one of Cleveland’s premier luxury enclaves - giving investors reliable cash flow today with location-driven upside as demand continues to push east from the lakefront and downtown core.
For sale
$129,500
10552 Elk Ave, Cleveland, OH 44108
4beds
--sqft
Est.:
Duplex, Multi Family
Built in 1916
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Solid frame constructionClassic colonial stylingAsphalt roof
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