8 bedroom house for sale
Cleveland OH 44103
- Property Type
- House
- Price
- $245,000
- Beds
- 8
- Baths
- 4
Overview
Discover an exceptional investment opportunity with this well-maintained 4-unit property, perfect for both experienced investors and first-time buyers. Located in a vibrant Cleveland neighborhood, this property is surrounded by amenities that will appeal to tenants and owners alike. The unit passed FHA inspection a year and a half ago, ensuring top-notch quality and safety. The yearly revenues could be $46, 104 with full occupancy minus yearly expenses of $10, 866 with a net yearly profit of $35, 238. Potential buyers can live rent-free in the unoccupied unit while generating income from the other three units. There is an opportunity to increase rents, enhancing your return on investment. The roof was repaired within the last two years. The foundation is completely dry, a rare and valuable feature in this area. As well as all other major components being in working condition. This property is also section 8 approved. The property has easy access to shopping, dining and entertainment. There are nearby parks that offer green spaces for outdoor activities. Also close to public transportation which makes it convenient for commuting. Don't miss out on this prime investment property that offers both immediate income and future growth potential. Schedule your viewing today and explore the endless possibilities this property has to offer!
Details
- Beds: 8
- Baths: 4
- Price: $245,000
- :
- Area: 3,789 sqft
Location
Cleveland OH 44103
8 bedroom house for saleRelated Properties
Disclaimer
2024-07-09, Viewed 0 times.
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
2024-07-09, Viewed 0 times.
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