Excellent investment opportunity with strong cash flow and ROI potential. This single-family home is configured as a four-unit property, offering immediate income with upside. Well maintained with numerous updates, including a newer roof, vinyl siding, vinyl windows, updated kitchens with granite countertops, ceramic tile finishes, and newer furnaces, hot water heaters, and electrical panels. Current rents include two units at $750/month, one at $700/month, and one vacant unit with a projected rent of $650/month. At full occupancy, gross monthly income is approximately $2,850. Low annual taxes to help maximize returns. Three units are currently occupied, providing immediate cash flow. Perfect for investors or owner-occupants?live in one unit and rent the other three to offset your mortgage and build equity.
Listed By
Agency Name: Plum Tree Realty, LLC
Agency Contact: 216-543-2534, support@plumtreerealty.com
Shown By
Agent Name: The Shahmardian Group
Agent Phone: (970) 637-7882
Agency Title: Key Realty
Estimated Payment
$ 974.61 per month $755.15 Principal & Interest $180.08 Property Tax $39.38 Homeowner's Insurance
3706 E 57th Street | MLS# 5195039
This multi-family property located at 3706 E 57th Street, Cleveland, OH 44105 is currently listed for sale with an asking price of $135,000. E 57th Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.shahmardian.com today.