UPDATED:
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Quadruplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 4,550 sqft
Price per Sqft $60
Subdivision Cowles Brooks & Smyths
MLS Listing ID 5149305
Bedrooms 11
Full Baths 7
HOA Y/N No
Abv Grd Liv Area 4,250
Year Built 1920
Annual Tax Amount $5,203
Tax Year 2024
Contingent Appraisal,Inspections
Lot Size 4,656 Sqft
Acres 0.1069
Property Sub-Type Quadruplex
Property Description
Solid brick 7-unit building with 6 of 7 units occupied. Current rents: $850, $750, $750, $750, $700, $700. One vacant studio ready to lease.
Current Gross Monthly Income: $4,500
Current Gross Annual Income: $54,000
Projected Fully Rented Income: ~$5,100/mo | ~$61,200/yr
Strong rental history, stable tenant base, and great Cleveland location. Reliable cash flow with upside potential ? an excellent portfolio addition.
Location
State OH
County Cuyahoga
Rooms
Basement Apartment, Common Basement, Exterior Entry, Full, Partially Finished, Storage Space, Walk-Up Access
Interior
Heating Gas, Hot Water, Steam
Cooling None
Fireplace No
Laundry Common Area, Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, In Basement, Lower Level
Exterior
Parking Features On Street
View Y/N Yes
Water Access Desc Public
View City, Neighborhood
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Lot Description City Lot
Story 2
Sewer Public Sewer
Water Public
Level or Stories Three Or More, Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 115-02-067
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
- Albuquerque, New Mexico
- Anaheim, California
- Atlanta, Georgia
- Austin, Texas
- Chicago, Illinois
- Colorado Springs, Colorado
- Charlotte, North Carolina
- Detroit, Michigan
- Denver, Colorado
- Houston, Texas
- Las Vegas, Nevada
- Los Angeles, California
- Milwaukee, Wisconsin
- Nashville, Tennessee
- Miami, Florida
- Minneapolis, Minnesota
- Orlando, Florida
- New Orleans, Louisiana
- Phoenix, Arizona
- Portland, Oregon
- San Diego, California
- Salt Lake City, Utah
- Seattle, Washington
- Tampa, Florida