Property Back to Market Report Property

5801 Harvard Avenue, Cleveland, OH 44105

$229,000
7
BD
4
BA
2,714
SqFt
Property Back to Market Report Property
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List Price
$229,000
Status
ACTIVE
Stories
2
MLS#
5256163
Year Built
1920
Bedrooms
7
Bathrooms
4
Living Area
2,714
Region
Cleveland
Township
Cleveland
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4407495478

Property Description

Unbelievable investment opportunity! Turn-key, cash-flowing 4-plex featuring two separate duplexes situated on one single parcel. Generating $3,085 per month in gross rent, this property boasts a rare 10% Cap Rate. The heavy lifting has already been done with massive capital improvements completed within the past 6 years: complete electrical upgrade (fully rewired with new panels), all-new plumbing, new furnaces, new hot water tanks, a new roof on the front house, newer siding, and windows. Property is also LEAD CERTIFIED. Fully occupied by long-term, stable tenants on month-to-month leases, offering immediate steady cash flow from day one. Don't miss this insulated, low-maintenance portfolio builder.

4407495478
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Additional Information

Taxes
$2,184
Acres
0.15
Sewer
Public Sewer
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Neighborhood
Roof
Asphalt, Fiberglass
Water
Public
Heating
Gas, Hot Water, Steam
Cooling
None
School District
Cleveland Municipal - 1809
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Listing Courtesy of: Daniel J Zembiak, dan@realclevelandhomes.com With Century 21 Homestar

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