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$215,000
Est. payment /mo
4 Beds
4 Baths
5,170 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Schatzinger & Tremaines Sub
MLS Listing ID 5149468
Bedrooms 4
Full Baths 4
HOA Y/N No
Year Built 1915
Annual Tax Amount $1,586
Tax Year 2024
Lot Size 5,170 Sqft
Acres 0.1187
Property Sub-Type Quadruplex
Property Description
This all-brick 4-unit building features 1-bedroom, 1-bath apartments, two units per floor, and a large basement. The two upstairs units each offer a spacious porch, adding charm and tenant appeal. Currently, the property is half occupied, generating $1,550/month, with the two vacant units capable of producing $775/month each.
All units feature spacious kitchens and bathrooms with classic, easy-to-maintain finishes, making them move-in ready and attractive to tenants. Tenant pays their own utilities, while the owner covers water, sewer, and hallway electricity, keeping common costs straightforward.
Located in the Glenville neighborhood, this property is just minutes from Cleveland Clinic, University Hospitals, and major healthcare centers, with quick access to I-90, I-77, and downtown Cleveland. Tenants will enjoy easy commuting, access to employment hubs.
This building is a solid income-producing investment with excellent upside potential in a low-maintenance, classic brick structure. The current tenants are both section 8
All units feature spacious kitchens and bathrooms with classic, easy-to-maintain finishes, making them move-in ready and attractive to tenants. Tenant pays their own utilities, while the owner covers water, sewer, and hallway electricity, keeping common costs straightforward.
Located in the Glenville neighborhood, this property is just minutes from Cleveland Clinic, University Hospitals, and major healthcare centers, with quick access to I-90, I-77, and downtown Cleveland. Tenants will enjoy easy commuting, access to employment hubs.
This building is a solid income-producing investment with excellent upside potential in a low-maintenance, classic brick structure. The current tenants are both section 8
Location
State OH
County Cuyahoga
Rooms
Basement Full
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Parking Features Driveway
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 108-08-112
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Theresa M Seese • McDowell Homes Real Estate Services • Theresa@sellwithseese.com, 216-666-1411
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