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$ 399,900
Est. payment | /mo
8 Beds
4 Baths
3,541 Sqft Lot
$ 399,900
Est. payment | /mo
8 Beds
4 Baths
3,541 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Lenox Park Allotment
MLS Listing ID 5236400
Bedrooms 8
Full Baths 4
HOA Y/N No
Year Built 1900
Annual Tax Amount $5,902
Tax Year 2025
Lot Size 3,541 Sqft
Acres 0.0813
Property Sub-Type Quadruplex
Property Description
Exceptional investment opportunity in the heart of Cleveland's thriving West Side! This well-maintained 4-unit multifamily property offers immediate cash flow with significant upside potential. Currently generating rental income from fully occupied, month-to-month tenants, the property features rents of three units at $900/month, one unit at $850/month, providing flexibility for future rent adjustments to market rates. Recent capital improvements, including newer furnaces and central air updates, help minimize maintenance expenses and add long-term value. Whether you're expanding your investment portfolio or seeking a value-add asset with stable occupancy, this property presents a rare opportunity in a desirable location near shopping, dining, public transportation, and major highways. Don't miss your chance to own a high-performing multifamily investment with room for even greater returns.
Location
State OH
County Cuyahoga
Interior
Heating Hot Water, Steam
Cooling Central Air
Fireplace No
Exterior
Parking Features Paved
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 021-27-028
Listed by Bassel B Bahhur • HomePoint Real Estate • 216-548-8370, basselbahhur@yahoo.com