UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 5,460 sqft
Price per Sqft $34
Subdivision Luther Moses
MLS Listing ID 5132783
Bedrooms 10
Full Baths 5
Half Baths 1
Construction Status Fixer
HOA Y/N No
Abv Grd Liv Area 5,460
Year Built 1920
Annual Tax Amount $1,806
Tax Year 2024
Lot Size 0.262 Acres
Acres 0.2617
Property Sub-Type Quadruplex
Property Description
Incredible opportunity to own a unique investment property featuring three separate homes on one large lot! The beautifully architectured front house boasts 4 spacious bedrooms, 2.5 bathrooms, and spans 3,100 sq ft of living space, with a grand front porch and plenty of curb appeal. Cosmetic updates are needed, but major mechanical renovations have been made, including, newer windows, updated plumbing & electrical, along with a high efficiency furnace and hot water tank. There is also a 5-bedroom, 2 bath duplex and a 1 bedroom, 1 bath single-family home sitting on a deep paved lot in the rear —providing multiple rental streams from a single parcel. With projected rental income of over $5,800/month, this property offers outstanding cash flow potential. Conveniently located just minutes from Downtown Cleveland, Cleveland Clinic, University Hospitals, restaurants, parks, and more.
Don't miss this rare and lucrative investment opportunity in one of Cleveland's most sought after communities!
Location
State OH
County Cuyahoga
Community Common Grounds/Area, Sidewalks
Rooms
Basement Unfinished
Interior
Interior Features In-Law Floorplan, Vaulted Ceiling(s)
Heating Forced Air
Cooling Central Air, Ceiling Fan(s)
Fireplace No
Window Features ENERGY STAR Qualified Windows
Appliance Range, Refrigerator
Laundry Washer Hookup, Electric Dryer Hookup, In Basement, Multiple Locations
Exterior
Exterior Feature Private Yard
Parking Features Concrete, Driveway, Paved, Parking Pad
Fence Wood
Community Features Common Grounds/Area, Sidewalks
View Y/N Yes
Water Access Desc Public
View City
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Lot Description Back Yard, City Lot, Front Yard, Landscaped
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Construction Status Fixer
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 104-18-076
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional