3658 E 54th Street, Cleveland, OH 44105

$152,250
6
BD
4
BA
2,272
SqFt

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Sold Price
$152,250
List Price
$154,900
Status
CLOSED
Days on Market
91
Closing Date
Oct 13, 2023
MLS#
4473736
Subtype
Residential Income
Year Built
1910
Bedrooms
6
Bathrooms
4
Full Baths
4
Living Area
2,272
Acres
0.10
Subdivision
Joseph Stanley
Neighborhood
Joseph Stanley

Property Description

Recently renovated, 4-UNIT CASH COW generating gross rents of $2,275 / month on full occupancy with a 12-13% Cap Rate ready to generate the next owner consistent CASH FLOW each month. The property consists of two, 1 bed / 1 bath configurations, and two, 2 bed / 1 bath configurations. P&L, NOI Calculations, Leases, other due diligence documents, as well as showings all available upon accepted offer. Unit breakdown & rent details available below: Unit #1 - $525 (currently occupied with a long-term market tenant, 2/1 config) Unit #2 - $600 (currently occupied with a market tenant, 1/1 config) Unit #3 - $625 (vacant - tenant to be placed before EOM, 2/1 config) Unit #4 - $525 (currently occupied with a long-term market tenant, 1/1 config)

Additional Information

Taxes
$2,210
Heating
Forced Air, Gas
Air Conditioning
None
Stories
2
Levels
Two
Roof
Asphalt, Fiberglass
Parking Features
Unpaved
School District
Cleveland Municipal - 1809

Listing Courtesy of: John H Fitch, jfitch7016@aol.com With Market First Real Estate Services

Selling Office: Russell Real Estate Services.

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