Investor's Dream in Cleveland, OH! This turnkey, cash-flowing portfolio includes nine properties spanning 12 unitsthree duplexes and six single-family homeswith a double-digit cap rate and nearly 20% cash-on-cash return. All tenant-occupied, these properties generate strong, stable cash flow, with most tenants holding Section 8 vouchers at excellent rent rates. Some units are still under market rent, offering value-add potential by re-leasing at market rate or to voucher tenants. Many of the properties have received updates, including four or five with full interior renovations. Don’t miss this rare opportunity for a hassle-free, high-return investment!
Mls | 5084899 |
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Listing Type | For Sale |
Style | Attachd |
Subtype | Resale |
Status | Pending |
Year | 1926 |
Days On Site | 18 |
Listing Provided By | Russell Real Estate Services | Tal Tamir |
Acreage | 1.16 |
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State | OH |
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County | Cuyahoga |
City | Garfield Heights |
Zip Code | 44105 |
Community Name | Birchdale Ave Ne |
Listing VS Median (in Birchdale Ave Ne) | |
Price: $949,000 low | high Med: $0 On Site: 18 low | high Med: |