13605 Othello Avenue, Cleveland, OH 44110

Property Description

This large, multi-family property is a solid way to build your rental portfolio! With over 4,000 sqft of total living space, this property consists of 4 units and is currently fully occupied! Each unit has 2 bedrooms and 1 full bathroom! Unit 1 is currently renting with a long-term tenant (2019) for $735 per month with a lease that expires 8/31/25. Unit 2 is currently renting with a long-term tenant (2022) for $925 per month on a month-to-month lease. Unit 3 is currently renting with a long-term tenant (2022) for $725 per month with a lease that expires 12/31/24. Unit 4 is currently renting for $795 per month with a lease that expires 3/31/25. 3 of the units have been recently renovated! Each unit offers a living room & dining room as well as a large, eat-in-kitchen and beautiful fireplace in the living room! There is a rear common area leading to the basement. The basement is split in 2 providing two sets of utilities and mechanicals. Each unit has its own furnace, how water tank, and electrical panel. Several of the furnaces and hot water tanks are newer! Outside you will find a recently repaired roof (2024), completely new driveway, parking lot and service walk! With easy highway access, this is near food, shopping and public transit! Don't miss out on this solid opportunity with this fully occupied multi-family property! Reach out to learn more!