Property
Beds
4
Full Baths
4
1/2 Baths
None
Year Built
1910
Sq.Footage
N/A
Fully occupied, cash-flowing four-unit on Cleveland's west side — a rare combination of stable day-one income and real, near-term upside! All four units are one bedroom, one bathroom and are currently leased, generating $3,010/month ($36,120/year) in gross rent. Market rents in the area support $3,400+/month ($40,800/year), giving a value-add investor a clear path to roughly 13% top-line growth simply by turning and re-leasing units as they come available. Whether you're a first-time multifamily buyer looking for a straightforward entry point with income from day one, or a seasoned operator hunting for a value-add play that pays you while you execute, 3521/3523 W 58th delivers on both fronts. Tenants are responsible for gas and electric; landlord pays water and sewer, keeping the operating expense load predictable and simple to underwrite. Rent roll and utility expenses available upon request. Please do not disturb tenants — showings by appointment with accepted offer contingent on inspection.
Features & Amenities
Interior
-
Total Bedrooms
4
-
Bathrooms
4
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Gas
-
Heating YN
YES
-
Heating
Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Wood Siding
-
Parking
Asphalt
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.1462
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
Price
-
Sales Price
$249,500
-
Tax Amount
$6,028.42
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
Cleveland Municipal - 1809
-
Middle School
Cleveland Municipal - 1809
-
High School
Cleveland Municipal - 1809
Property Features
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Cuyahoga
Elementary School
Cleveland Municipal - 1809
Middle School
Cleveland Municipal - 1809
High School
Cleveland Municipal - 1809
Listing Courtesy of Michael Orlando , Key Realty
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Agent / Realtor®
Carla Ponikvar
Call Carla today to schedule a private showing.
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