656 E 106th Street, Cleveland, OH 44108

$120,000
4
BD
4
BA
5,169
SqFt

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Sold Price
$120,000
List Price
$129,900
Status
CLOSED
Days on Market
188
Closing Date
Jan 31, 2025
MLS#
5057431
Subtype
Residential Income
Year Built
1920
Bedrooms
4
Bathrooms
4
Full Baths
4
Living Area
5,169
Acres
0.15
Subdivision
Frederick G Hanks
Neighborhood
Frederick G Hanks
MLS Area Major
Cleveland

Property Description

Welcome to 656 E 106th Street, a well-maintained quadruplex offering a solid investment opportunity in the heart of Cleveland. This property boasts four units, each occupied by long-term tenants, generating a steady gross revenue of $2,040 per month. Property Highlights: Consistent Income: With reliable, long-term tenants, this quadruplex provides a dependable monthly income of $2,040, making it a fantastic addition to any investment portfolio. Well-Maintained Units: Each of the four units has been cared for, ensuring tenant satisfaction. Prime Location: Situated in a vibrant neighborhood of Cleveland, residents enjoy convenient access to local amenities, public transportation, and nearby attractions. Strong Rental Demand: The area’s consistent demand ensures the potential for continued occupancy and income stability. Whether you are a seasoned investor or new to real estate, this quadruplex presents an excellent opportunity to secure a stable income-producing property in a growing market.

Additional Information

Taxes
$2,447
Heating
Forced Air
Air Conditioning
Wall/Window Unit(s)
Stories
2
Levels
Two
Roof
Composition
Parking Features
On Street
School District
Cleveland Municipal - 1809

Listing Courtesy of: Oliver Moreau, omoreau@progressiveurban.com With Progressive Urban Real Estate Co

Selling Office: Real of Ohio.

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