Studio in the triplexFunctional layoutCoin operated laundry
Attention Investors and owner occupants! Perfect opportunity to acquire this solid cash flowing Quad located in Cleveland's thriving west side.
This 50% tenant-occupied property is currently generating $1,720 per month, providing immediate income from day one, but allowing for room to occupy both vacant units and increase to market rent at $3,500. The two vacant units allow for an owner occupant to house hack. Two 2 bedroom units and a studio in the triplex on the front of the property, and a 2 bed /1 bath single family on the rear. The two vacant units need to be turned, current property management company has both units quoted at 5k each to make it rent ready. Coin operated laundry adding additional income. Each unit features a functional layout with long-term rental appeal and is professionally maintained. Ideal hands-off investment for buyers looking to expand their portfolio. Conveniently situated near shopping, dining, public transportation, and major highways, this west side location continues to see strong rental demand and neighborhood growth. Available as a package with 2 other properties, contact agent for details. *Limited photos due to tenant occupancy
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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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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