Turn-Key Cash-Flowing 4-Unit Investment Opportunity! Don’t miss this rare opportunity to own a fully renovated four-unit multifamily property generating exceptional income from day one. Each spacious unit features 2 bedrooms, 1 bathroom, and its own private laundry room—a highly desirable amenity for tenants. With projected rents of approximately $1,250 per month per unit, this property offers up to $5,000 in monthly gross rental income. This building has been completely updated from top to bottom, providing true turn-key ownership and minimal maintenance concerns for years to come. Major improvements include all-new plumbing, electrical, HVAC systems, furnaces, kitchens, and a freshly poured driveway. There isn’t a corner of this property that hasn’t been thoughtfully renovated. Investors will appreciate the exceptional cash-flow potential, with rents supporting performance well above the coveted 1% rule. Adding to the strong financials are incredibly low property taxes of just $2,145 per year, helping maximize your net operating income and overall return on investment. Ideally located just minutes from Downtown Cleveland, Cleveland Clinic, and Lake Erie, the property offers convenient access to major employers, world-class healthcare, dining, entertainment, and recreation—making it highly attractive to prospective tenants. Whether you’re a seasoned investor looking to expand your portfolio or a first-time multifamily buyer seeking a high-performing asset, this property check Listed to sell quickly—schedule your showing today and start generating returns from day one!
47 days
|
61
|
0
|
Zillow last checked:
Listing updated:
Listed by:
Billy Seder216-215-0000billyseder@howardhanna.com,
Explore the cost of this home by adjusting the details. Changes won't be saved.
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.