For sale
  • Price cut: $10K (10/20)
    $489,900

    7507 Lawnview Ave, Cleveland, OH 44103

    12beds
    6,424sqft
    : 
    Quadruplex, Multi Family
    Built in 1910
    -- sqft lot
    $-- Zestimate®
    $76/sqft
    $-- HOA

    What's special

    Major mechanical updatesFront and back entrancesMultiple newer furnacesGranite countertopsPrivate basementModern lvp flooringFull upstairs
    RARE GEM – SECTION 8 Fourplex Investment Opportunity! 5,675$ gross rent per month!!! Welcome to 7507 Lawnview Ave, a one-of-a-kind side-by-side fourplex featuring four spacious 3-bedroom townhome units! Each unit offers a full upstairs, a private basement, and both front & back entrances, giving tenants the feel of true single-family living. units have been thoughtfully renovated with modern LVP flooring, granite countertops, and major mechanical updates including multiple newer furnaces. This property is truly a cash cow for investors—whether you’re local or out-of-state. Cash-Flow Machine Currently rented to reliable Section 8 tenants, the property generates a gross monthly income of $5,675:     •    7507 – $1,400     •    7509 – $1,385     •    7511 – $1,250     •    7513 – $1,640 That’s $68,100 annually with tenants covering all utilities except water & sewer—keeping owner expenses low and profit margins high. Highlights:     •    Four side-by-side 3-bedroom townhome units     •    Private basements & dual entrances for every unit     •    Renovated interiors with LVP & granite finishes     •    Multiple newer furnaces & key upgrades completed     •    Fully rented, strong Section 8 tenancy     •    Tenants pay gas & electric Property is lead safe certified with the city! Offered at just $499,900, this rare Cleveland fourplex is a true cash cow that won’t last long. Opportunities like this don’t come around often—schedule your showing today before it’s gone!
    43 days
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