13605 Othello AVE new Save Request In-Person Tour Request Virtual Tour
Cleveland,OH 44110
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,188 sqft
Price per Sqft $59
Subdivision Wick
MLS Listing ID 5081434
Bedrooms 8
Full Baths 4
HOA Y/N No
Abv Grd Liv Area 4,188
Year Built 1915
Annual Tax Amount $3,790
Tax Year 2023
Lot Size 5,623 Sqft
Acres 0.1291
Property Description
This large, multi-family property is a solid way to build your rental portfolio! With over 4,000 sqft of total living space, this property consists of 4 units and is currently fully occupied! Each unit has 2 bedrooms and 1 full bathroom! Unit 1 is currently renting with a long-term tenant (2019) for $735 per month with a lease that expires 8/31/25. Unit 2 is currently renting with a long-term tenant (2022) for $925 per month on a month-to-month lease. Unit 3 is currently renting with a long-term tenant (2022) for $725 per month with a lease that expires 12/31/24. Unit 4 is currently renting for $795 per month with a lease that expires 3/31/25. 3 of the units have been recently renovated! Each unit offers a living room & dining room as well as a large, eat-in-kitchen and beautiful fireplace in the living room! There is a rear common area leading to the basement. The basement is split in 2 providing two sets of utilities and mechanicals. Each unit has its own furnace, how water tank, and electrical panel. Several of the furnaces and hot water tanks are newer! Outside you will find a recently repaired roof (2024), completely new driveway, parking lot and service walk! With easy highway access, this is near food, shopping and public transit! Don't miss out on this solid opportunity with this fully occupied multi-family property! Reach out to learn more!
Location
State OH
County Cuyahoga
Rooms
Basement Full
Ensuite Laundry Common Area,In Basement
Interior
Laundry Location Common Area,In Basement
Heating Forced Air
Cooling None
Fireplace No
Laundry Common Area,In Basement
Exterior
Garage Driveway,Paved
Waterfront No
Water Access Desc Public
Roof Type Composition
Parking Type Driveway,Paved
Private Pool No
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 112-01-003
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional