1644 Bryn Mawr Road, East Cleveland, OH 44112
- $125,000
- 4
- BD
- 2
- BA
- 2,074
- SqFt
- List Price
- $125,000
- Status
- ACTIVE
- Days on Market
- 0
- MLS#
- 5240391
- Subtype
- Residential Income
- Year Built
- 1925
- Bedrooms
- 4
- Bathrooms
- 2
- Full Baths
- 2
- Living Area
- 2,074
- Acres
- 0.13
- Subdivision
- Kelly
- Neighborhood
- Kelly
- MLS Area Major
- East Cleveland
Property Description
The property currently benefits from long-term tenants paying $700 per unit, providing an established rental history and immediate cash flow. There is also significant rental upside. Based on current fair market rent data and CMHA rental estimates, the units have the potential to generate approximately $1,300 per unit, nearly doubling the current rental income. For an investor, this creates an attractive opportunity to acquire a property with existing tenants while having substantial room to increase rents and improve overall income potential over time.
Additional Information
- Taxes
- $1,086
- Heating
- Forced Air
- Air Conditioning
- None
- Stories
- 2
- Levels
- Two
- Roof
- Asphalt
- Parking Features
- Driveway, On Street
- Garage Spaces
- 2
- School District
- East Cleveland CSD - 1812
Listing Courtesy of: Alexys Jones, alexysjones@kw.com With Keller Williams Greater Metropolitan
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