Property
Beds
10
Full Baths
4
1/2 Baths
None
Year Built
1905
Sq.Footage
N/A
Turnkey and income-ready, this fully renovated brick four-unit offers a rare opportunity to step directly into a stabilized, low-maintenance asset. All major capital improvements have been completed, eliminating the need for additional renovation and allowing for immediate tenant placement and cash flow. Each unit features bright, modern interiors with updated kitchens and bathrooms, new flooring and carpet, fresh paint, and clean finishes throughout, including new doors and baseboards. Functional layouts provide comfortable living with ample closet space in every bedroom, along with private in-unit laundry hookups for added tenant convenience. Beyond the interior updates, the property has undergone extensive mechanical improvements, including new windows, roof, HVAC systems, plumbing, and electrical. Each unit is separately equipped with its own furnace, water tank, gas meter, and electric panel, reducing owner expenses and simplifying management. Safety upgrades include a newly installed fire escape and hardwired fire alarm systems. The exterior has also been refreshed, enhancing curb appeal and overall presentation. The property also features an oversized basement with designated storage areas for each unit, offering additional tenant value and potential for supplemental income. With projected annual income of approximately $66,000+, the property presents strong cash flow potential with minimal ongoing capital expenditure. Projected rents are aligned with local housing authority (CMHA/Section 8) payment standards, offering the potential for consistent, program-backed income. The flexible layout also supports a variety of rental strategies, including traditional leasing, shared housing, or other alternative residential income models. This is a fully optimized, turnkey investment opportunity where the heavy lifting has already been completed.
Features & Amenities
Interior
-
Total Bedrooms
10
-
Bathrooms
4
-
Basement YN
YES
-
Cooling YN
NO
-
Cooling
None
-
Heating YN
YES
-
Heating
Natural Gas, Other
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
No Garage, None
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.105
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
Price
-
Sales Price
$455,000
-
Tax Amount
$300
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
Cleveland Municipal - 1809
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Cuyahoga
Elementary School
Cleveland Municipal - 1809
Middle School
High School
Listing Courtesy of Nicole R Guizzotti , EXP Realty, LLC.
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Team Lead / RealtorĀ®
Tyson Hartzler
Call Tyson today to schedule a private showing.
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