Great 4.2 · 344 reviews on Trustpilot
15 years · 53 countries · $1Bn volume · +(44) 1616 696 253 · Talk to an advisor
Property · Cleveland · Multi Family · Ref CL-66543

Cleveland Multi Family: Cash Flowing, Rent Ready

A 8-bedroom multi family in Cleveland — modelled at 20% net.

$129,900 20% Net ReturnRent Ready Cash Only 2,640 ft² · 8 bd · 3 ba

The Property

This fantastic three apartment multi family home is located on a nice street in Forest Hills close to the shores of Lake Erie and just just 2.4 Miles to the centre of The University Circle. The property is divided into one large two apartment multi family home + one 2 bed single family detached home on the same plot. Th multi family property consists of 2 large three bed apartments. The property also has tenants in place in both apartments paying $950 in rent each month. The 2 bed house at the rear of the plot also has a tenant in place paying $750 in rent each month. All 3 tenants are paying under market rents. WIth Section 8 housing the current market rents for this zip code reach up to $1,250 for 2 beds and up to $1,559 for a 3 bed. The seller has requested the tenants not to be disturbed, internal pictures will be supplied with the inspection. All contracts are subject to a full independent inspection.

Details

Price$129,900
Property size2,640 ft²
Bedrooms8
Bathrooms3
TypeMulti Family
Status20% Net Return
ReferenceCL-66543
FinanceCash purchase

Features

  • 20+% NET ROI
  • Delivered tenant-ready
  • High rental demand zip code
  • Ideal for portfolio growth
  • In a fast-appreciating neighborhood
  • Legal and tax support available
  • Managed by local professional team
  • Move-in ready finish

Location

Cleveland, 44103 Open in Google Maps →
Approximate location — the exact address is released to buyers under NDA, standard on US listings.