10702 Joan Avenue, Cleveland, OH 44111

$425,000
8
BD
4
BA
6,384
SqFt
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List Price
$425,000
Status
ACTIVE
Stories
2
MLS#
5259333
Year Built
1930
Bedrooms
8
Bathrooms
4
Living Area
6,384
Region
Cleveland
Township
Cleveland
Subdivision / Building
Lorain Street & Denison Ave
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(330) 878-3643

Property Description

Attention investors! Fully occupied brick quad located on Cleveland’s desirable West Side, offering an excellent opportunity for investors seeking immediate rental income and strong returns. The property features four spacious 2 bedroom, 1 bathroom units, generating a combined monthly rental income of $4,820, or $57,840 annually. With all four units occupied, investors can enjoy consistent cash flow from day one. Boasting an impressive 12% ROI, this income producing asset presents an attractive opportunity for investors looking to maximize returns while expanding their real estate portfolio. Whether you are a seasoned investor or looking to acquire your next investment property, this quad offers an appealing combination of occupancy, income, and return potential in Cleveland’s thriving rental market.

(330) 878-3643
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Additional Information

Taxes
$6,477
Acres
0.10
Sewer
Public Sewer
Roof
Asphalt, Fiberglass, Flat
Water
Public
Heating
Forced Air
Cooling
None
School District
Cleveland Municipal - 1809
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Listing Courtesy of: Armani Adames, adamesarmani.aa@gmail.com With RE/MAX Above & Beyond

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