3205 Denison Avenue, Cleveland, OH 44109
- $399,900
- 8
- BD
- 4
- BA
- 2,880
- SqFt
- List Price
- $399,900
- Status
- ACTIVE
- Stories
- 2
- MLS#
- 5226000
- Year Built
- 1916
- Bedrooms
- 8
- Bathrooms
- 4
- Living Area
- 2,880
- Region
- Cleveland
- Township
- Cleveland
- Subdivision / Building
- Brooklyn
Property Description
Attention investors! Welcome to this cash flowing investment opportunity in the heart of Cleveland! This well maintained quadruplex features four spacious 2 bedroom, 1 bathroom units and is currently 75% occupied, generating $2,500 per month in rental income with immediate upside. The vacant unit is completely turnkey and rent ready, giving the next owner the opportunity to quickly increase cash flow by placing a new tenant at market rent or to owner occupy while the remaining units help offset the mortgage. The current rents provide steady income, and the vacant unit offers excellent value-add potential from day one. Whether you’re expanding your investment portfolio or looking for your first multifamily property, this four unit building offers the ideal combination of current income and future growth. With strong rental demand in the area and room to boost returns, this is an opportunity you won’t want to miss. Schedule your private showing today and see the potential this income-producing property has to offer!
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Additional Information
- Taxes
- $5,044
- Acres
- 0.14
- Sewer
- Public Sewer
- Roof
- Asphalt, Fiberglass, Flat
- Water
- Public
- Garage Spaces
- 2
- Heating
- Forced Air
- Cooling
- None
- School District
- Cleveland Municipal - 1809
Mortgage Calculator
Listing Courtesy of: Armani Adames, adamesarmani.aa@gmail.com With RE/MAX Above & Beyond
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