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bedrooms
bedrooms
4
bathrooms
bathrooms
2
square feet
square feet
2,032
acreage
Acreage
0.1377
open houses
Open Houses
-
year built
year built
1923
full baths
Full Baths
2
half baths
Half Baths
0
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.
Location
Subdivision Jefferson Park
County Cuyahoga
Elementary School -
Middle School -
High School -
open houses Open houses
None scheduled.
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MLS number: 5083723
Listing agent: Jay Silva #2018000951
Listing broker: Keller Williams Citywide (440) 892-2211
Copyright © 2025 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Tuesday, February 4 2025 at 8:07 p.m. EST
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