Listed By
Agency Name: RE/MAX Above & Beyond
Agency Contact: adamesarmani.aa@gmail.com, 216-370-8550
Shown By
Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575
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Property Description
Attention investors! Welcome to this cash flowing investment opportunity in the heart of Cleveland! This well maintained quadruplex features four spacious 2 bedroom, 1 bathroom units and is currently 75% occupied, generating $2,500 per month in rental income with immediate upside. The vacant unit is completely turnkey and rent ready, giving the next owner the opportunity to quickly increase cash flow by placing a new tenant at market rent or to owner occupy while the remaining units help offset the mortgage. The current rents provide steady income, and the vacant unit offers excellent value-add potential from day one. Whether you're expanding your investment portfolio or looking for your first multifamily property, this four unit building offers the ideal combination of current income and future growth. With strong rental demand in the area and room to boost returns, this is an opportunity you won't want to miss. Schedule your private showing today and see the potential this income-producing property has to offer!
Property Features
Property Type: Multi Unit - Multiple
Basement: Unfinished
Basement: Yes
Cooling: None
Garage: 2
Heating: Forced Air
Lot Size: 0.14 Acres
Roof Type: Asphalt, Fiberglass, Flat
Stories: 2.0
Taxes: $5,044 / year
Year Built: 1916
Feature Descriptions
Exterior: Vinyl Siding
Parcel#: 014-04-004
Parking: Garage, Parking Lot
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
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Estimated Payment
$ 2,590.74 per month $2,053.77 Principal & Interest $420.33 Property Tax $116.64 Homeowner's InsuranceChange Payment Information
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3205 Denison Avenue | MLS# 5226000
This multi-family property located at 3205 Denison Avenue, Cleveland, OH 44109 is currently listed for sale with an asking price of $399,900. Denison Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.cutlercigroup.com today.