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Cleveland,OH 44108
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,632 sqft
Price per Sqft $82
Subdivision Burrows & Putts
MLS Listing ID 5165439
Bedrooms 8
Full Baths 4
Construction Status Updated/Remodeled
HOA Y/N No
Abv Grd Liv Area 4,632
Year Built 1918
Annual Tax Amount $2,999
Tax Year 2024
Lot Size 6,294 Sqft
Acres 0.1445
Property Sub-Type Quadruplex
Stories Two
Story Two
Property Description
100% turnkey and ready Ca$h Cow! Better than new 4632 SQFT quad unit apartment building! Must see to believe the meticulous craftsmanship and professional quality! Each unit has 5 rooms, 2 bedrooms and 1 bathroom, 1158 SQFT each. Seller has completely gutted the entire building and rebuilt it. All new mechanical systems include PVC drains, copper feed lines, gas lines, Romex wiring, all separate updated panel boxes and meters. Furnaces, ductwork and power vent hot water tanks all 2022. Rebuilt porches front and back, roof 2015, Alside Mezzo double hung vinyl windows 2020, double Dutch lap vinyl siding 2021. All 4 interior units have been redone in the last 2 years. Updates include insulation, drywall, millwork, interior and exterior doors, vinyl plank flooring electrical and plumbing fixtures, kitchens, bathrooms, hardware, double racked closets kitchen appliances include stoves, refrigerators, garbage disposals and more! With 25% down at 7.25 interest rate there is a 14.31% cash on cash return (ROI) and a 10.17% Cap Rate!
Location
State OH
County Cuyahoga
Community Street Lights,Public Transportation
Direction West
Rooms
Basement Full
Interior
Interior Features Ceiling Fan(s),Eat-in Kitchen,High Ceilings,Laminate Counters,Open Floorplan,Pantry,Storage
Heating Forced Air,Gas
Cooling None
Fireplace No
Window Features Blinds,Double Pane Windows,Screens
Appliance Disposal,Range,Refrigerator,Washer
Laundry Common Area,Washer Hookup,Electric Dryer Hookup,In Basement,Lower Level
Exterior
Parking Features Driveway
Fence Chain Link,Partial,Privacy,Wood
Pool None
Community Features Street Lights,Public Transportation
View Y/N Yes
Water Access Desc Public
View City
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Lot Description Back Yard,City Lot,Flat,Level,Rectangular Lot
Faces West
Sewer Public Sewer
Water Public
Level or Stories Two
Construction Status Updated/Remodeled
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 110-04-070
Security Features Smoke Detector(s)
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional