This four-unit property offers a strong value-add opportunity for investors. One unit is currently occupied, and the remaining three are vacant and in varying stages of renovation. Since acquisition, the owner has made significant mechanical upgrades, including roof repairs, updated plumbing and electrical systems, four new furnaces, and four new hot water tanks.
Unit 1 is nearly finished, featuring a renovated bathroom, updated kitchen, new carpet, fresh paint, and vinyl flooring. Unit 2, the occupied unit, has already been renovated. Units 3 and 4 are ready for cosmetic updates to complete the transformation.
With much of the heavy lifting already done, including mechanicals and major systems, this property is well-positioned for either a flip or a long-term buy-and-hold strategy.
For sale
Price cut: $5K (7/30)
$189,900
668 E 106th St, Cleveland, OH 44108
8beds
3,070sqft
Est.:
Quadruplex, Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$62/sqft
$-- HOA
What's special
Roof repairsFresh paintUpdated kitchenRenovated bathroomVinyl flooringNew carpet
- 51 days
- on Zillow |
- 504 |
- 55 |
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