Listed By
Agency Name: Realtown Realty LLC
Agency Contact: Joey@RealTownCleveland.com, 216-905-4121
Shown By
Agent Name: Meyer & Dial
Agent Phone: (614) 340-9660
Agency Title: Cutler Real Estate
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Property Description
This four unit brick investment opportunity offering immediate cash flow from day one! This fully occupied multifamily property currently generates $2,900 per month in rental income with all four units leased, providing a stable income stream from day one. Several rents remain below current market value, creating an excellent opportunity for future increases and improved returns without the need for major repositioning. The property has been professionally managed and maintained, making it an attractive option for both seasoned investors and those looking to add a solid performing asset to their portfolio. Roof is less than five years old and all hot water tanks are less than 10 years old. Whether you're searching for your next cash flowing investment or looking to expand your multifamily holdings, offered at an attractive price, this is an opportunity you won't want to miss!
Property Features
Property Type: Multi Unit - Multiple
Basement: Unfinished
Basement: Yes
Cooling: None
Heating: Forced Air
Lot Size: 0.17 Acres
Roof Type: Composition, Shingle
Stories: 2.0
Taxes: $4,004 / year
Year Built: 1900
Feature Descriptions
Appliances: Microwave, Range, Refrigerator
Exterior: Brick
Parcel#: 128-12-095
Parking: Driveway, On Street
Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
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Estimated Payment
$ 1,635.70 per month $1,232.06 Principal & Interest $333.67 Property Tax $69.97 Homeowner's InsuranceChange Payment Information
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9607 Sophia Avenue | MLS# 5227171
This multi-family property located at 9607 Sophia Avenue, Cleveland, OH 44104 is currently listed for sale with an asking price of $239,900. Sophia Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.meyeranddial.com today.