**Investor Opportunity: 6128 Lausche Ave, Cleveland, OH 44103**
Unlock exceptional income potential with this spacious quadraplex, ideally situated at 6128 Lausche Ave in the heart of Cleveland. This rare find features a total of nine bedrooms and four bathrooms and is perfectly tailored for the savvy investor seeking strong rental returns. Currently, two units are occupied, providing immediate cash flow, while two units are vacant, offering the flexibility to place tenants of your choice or make improvements to maximize rental income. According to CMHA small area fair market rent payment standards, the potential rental rates are highly attractive: $1,005 for a 1-bedroom, $1,209 for a 2-bedroom, $1,559 for a 3-bedroom, and $1,661 for a 4-bedroom. These competitive rents can help you achieve impressive gross annual returns. The property comes with a lead paint certificate on file, simplifying the leasing process and ensuring compliance with local regulations. The quadraplex configuration not only boosts your revenue opportunities but also diversifies your rental portfolio, reducing vacancy risk. Located minutes from downtown Cleveland, major employers, public transportation, and community amenities, this property is appealing to a wide range of tenants. Don’t miss this chance to acquire a high-demand, income-producing asset in a growing rental market. Whether you’re expanding your real estate portfolio or seeking your first multifamily investment, 6128 Lausche Ave delivers value, stability, and upside potential.
28 days
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316
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14
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Zillow last checked:
Listing updated:
Listed by:
Jennifer M Hite440-864-4844jenniferhite@howardhanna.com,
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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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