Property
Beds
6
Full Baths
4
1/2 Baths
None
Year Built
1900
Sq.Footage
3,700
This quadruplex is offering an outstanding investment opportunity, ideal for investors seeking immediate cash flow with additional upside! The building features 2 units with 2-beds, 1-bath and 2 units with 1-bed, 1-bath, each with its own private entrance, functional layout, generous living areas, and dedicated laundry hookups. Updated vinyl windows, vinyl siding, newer plumbing improvements, and several modern interior finishes help minimize maintenance while increasing long-term tenant appeal. One unit is already occupied, generating $1,175 per month on a 12-month lease, while the remaining three vacant units provide an excellent opportunity to increase rental income through lease-up or value-add improvements. Interior updates throughout include younger kitchens, updated bathrooms, LVP flooring throughout, modern lighting, and updated plumbing fixtures. The property also benefits from separately metered gas and electric utilities, updated PVC, newer hot water tanks, and younger furnaces. The basement offers additional storing space and value add potential. Conveniently located on Clevelandās west side, the property is just minutes from MetroHealth Medical Center, Wendy Park, Edgewater Park, Ohio City, Gordon Square Arts District, Downtown Cleveland, major highways, shopping, restaurants, schools, public transportation, and countless local amenities, making it an attractive option for a wide variety of tenants. Professional management in place and willing to stay on. Full service management with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services available for remote investors! Whether youāre looking to expand your portfolio, generate immediate rental income, or capitalize on the lease-up potential of three vacant units, this property offers the size, flexibility, and upside to become a strong long-term investment. Schedule your showing! No wholesalers. No Seller financing. No low ball offers.
Features & Amenities
Interior
-
Total Bedrooms
6
-
Bathrooms
4
-
Above Grade Finished Area
3700.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air
-
Heating YN
YES
-
Heating
Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Aluminum Siding, Vinyl Siding
-
Parking
Driveway, Off Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.1515
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
Price
-
Sales Price
$400,000
-
Tax Amount
$9,670
-
Sq. Footage
3,700
-
Price/SqFt
$108
HOA
-
Association
No
School District
-
Elementary School
East Cleveland CSD - 1812
-
Middle School
East Cleveland CSD - 1812
-
High School
East Cleveland CSD - 1812
Property Features
-
Stories
2
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Cuyahoga
Elementary School
East Cleveland CSD - 1812
Middle School
East Cleveland CSD - 1812
High School
East Cleveland CSD - 1812
Listing Courtesy of Michael Azzam , RE/MAX Haven Realty
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Agent / RealtorĀ®
Carla Ponikvar
Call Carla today to schedule a private showing.
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