Prime investment opportunity in the heart of Cleveland: a true multifamily cash-flow generator at 2278 E. 70th St, Cleveland, OH 44103. This property presents strong rental potential with multiple units designed to maximize occupancy and minimize downtime between tenants. The basement is dry-locked and upgraded with new electrical panels, enhancing safety and efficiency for future updates.
First floor features three bedrooms and a full bath, with brand-new large windows that flood the space with light. This unit has been demoed, mudded, and primed, ready for finishing touches to create a comfortable, modern living space. The second floor offers a nice kitchen, leveled surfaces, and paneling, with three bedrooms. The third floor expands the rental capacity with two additional bedrooms, increasing overall revenue potential.
This property is a turnkey rental opportunity with significant upside in Cleveland’s market. It’s suitable for investors seeking a quick close or buyers looking to complete renovations for a move-in-ready investment. The owner-build-ready setup allows for flexible portfolio strategies, whether you’re aiming for immediate occupancy or a rapid, near-term return on investment.
What the owner loves about this home
The section 8 for investors opportunity
38 days
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343
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17
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Listed by:
Property Owner(216) 246-1315
This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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