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Off market
  • $1,700

    1534 Addison Rd, Cleveland, OH 44103

    6beds
    0baths
    3,049sqft
    MultiFamily
    Built in 1895
    -- sqft lot
    $-- Zestimate®
    $1/sqft
    $948 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $948/mo

    Zestimate® history
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    $10/mo

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    What's special

    REDUCED! Collect $1,500/month OR MORE on this 3-Unit Property in Cleveland, OH! • Are you looking for real passive income? • Are you looking to multiply your returns in real estate? • Tired of competing over single family units? For less than the price of many Single Family Homes, you can have 3 income-producing units! PRICED TO MOVE QUICKLY: $16,000 Don’t miss out! This multifamily property offers multiple money-generating strategies: ? Pro Forma Cap Rate 60.9% ? Cash on cash return 42.1% ? 5 year annual ROI 56.8% per year ? Only 15k repairs needed ? Priced to MOVE ? All units are 2 Beds, 1 Full Bath ? Perfect small apartment starter ? Priced below market ? Even more possible value plays! This is an off-market deal. For IMMEDIATE DELIVERY of the Property Package: Option 1: Text your name & email to 216-810-3004 and a packet will be emailed within 10 minutes Option 2: Dial the voice box at 216-810-3004 and speak ONLY your name & email – a packet will be emailed within 10 minutes

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 0
    Heating
    • Forced air
    Features
    • Has fireplace: No
    Interior area
    • Total interior livable area: 3,049 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Detached
    Lot
    • Size: 4,094 sqft
    Details
    • Parcel number: 10611013

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    Materials
    • Roof: Slate
    Condition
    • Year built: 1895

    Community & neighborhood

    Location
    • Region: Cleveland

    Price history

    DateEventPrice
    3/24/2021Listing removed--
    Source: Owner
    6/10/2019Sold$15,700-1.9%$5/sqft
    Source: Public Record
    11/27/2016Listing removed$16,000$5/sqft
    Source: Owner
    10/18/2015Listed for sale$16,000-40.7%$5/sqft
    Source: Owner
    8/18/2015Listing removed$27,000$9/sqft
    Source: Owner

    Public tax history

    YearProperty taxesTax assessment
    2024$40 -13.7%$600
    2023$47 +0.6%$600
    2022$46 +0.9%$600

    Find assessor info on the county website

    Neighborhood: Hough

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Cleveland Municipal

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.