Description
Truly Turnkey Multi-Family Investment or Owner Occupied with Strong Cash Flow This well-maintained, income-generating multifamily property is conveniently located just off I-71, offering quick access to Downtown Cleveland and surrounding areas. Whether you're an investor looking for immediate cash flow or seeking a low-maintenance portfolio addition, this property delivers. Property Features: Spacious two-car garage with updated electrical, drywall, attic storage, and modern door opener Recently replaced roof and gutters for long-term durability Energy-efficient vinyl windows Updated HVAC and water tanks for each unit Private decks and balconies for outdoor living Large front porches adding to the classic Cleveland charm Investment Highlights: Fully leased with long-term tenants, generating $2,080 per month in rental income Lease terms include 2% annual rent increases, providing built-in income growth Unfinished attic offers the potential to convert into an additional income source Located in the peaceful Jefferson Park neighborhood, this property is positioned for long-term value and stable rental income. The price has been adjusted to reflect current market conditions, making this a great opportunity for investors looking for strong returns. Serious buyers should schedule a showing today and secure a high-quality investment.
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4BEDS
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0.14ACRES
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2BATHS
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01/2 BATHS
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2,032SQFT
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$123$/SQFT
Listing information © 2025 YES-MLS.
Description
Truly Turnkey Multi-Family Investment or Owner Occupied with Strong Cash Flow This well-maintained, income-generating multifamily property is conveniently located just off I-71, offering quick access to Downtown Cleveland and surrounding areas. Whether you're an investor looking for immediate cash flow or seeking a low-maintenance portfolio addition, this property delivers. Property Features: Spacious two-car garage with updated electrical, drywall, attic storage, and modern door opener Recently replaced roof and gutters for long-term durability Energy-efficient vinyl windows Updated HVAC and water tanks for each unit Private decks and balconies for outdoor living Large front porches adding to the classic Cleveland charm Investment Highlights: Fully leased with long-term tenants, generating $2,080 per month in rental income Lease terms include 2% annual rent increases, providing built-in income growth Unfinished attic offers the potential to convert into an additional income source Located in the peaceful Jefferson Park neighborhood, this property is positioned for long-term value and stable rental income. The price has been adjusted to reflect current market conditions, making this a great opportunity for investors looking for strong returns. Serious buyers should schedule a showing today and secure a high-quality investment.
Listing information © 2025 YES-MLS. All rights reserved.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than The Pinnacle Post Team | RE/MAX Crossroads Properties are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2025-04-26T00:08:00.247.