OH > Cleveland > Woodhill Park Sands Allotment
Cleveland, OH 44120,12601 Signet AVE
Cleveland, OH 44120,12601 Signet AVE
Cleveland, OH 44120,12601 Signet AVE
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$175,000
Est. payment /mo
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8 Beds
4 Baths
7,139 Sqft Lot
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12601 Signet AVE Cleveland, OH 44120

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Mary Goudy

Mary Goudy

+1(740) 695-3131

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Woodhill Park Sands Allotment

MLS Listing ID 5167213

Bedrooms 8

Full Baths 4

HOA Y/N No

Year Built 1930

Annual Tax Amount $2,864

Tax Year 2024

Lot Size 7,139 Sqft

Acres 0.1639

Property Sub-Type Quadruplex

Stories Two

Story Two

Property Description

12601 Signet Ave is a well-located 4-unit multifamily property in Cleveland's Mount Pleasant neighborhood. Each unit features 2 bedrooms and 1 bathroom. One unit is currently occupied at $750 per month, while three units are vacant and only require minor renovations to be rent ready. The proforma gross income for the entire building is $3,250 per month or $39,000 per year, based on $850 per month per unit. The property includes off-street parking and a shared basement for storage or laundry. Its convenient location near major highways, schools, and public transportation enhances tenant appeal. This property is an excellent opportunity for investors looking to add value, increase rents, and maximize cash flow.

Location

State OH

County Cuyahoga

Rooms

Basement Full, Unfinished

Interior

Heating Forced Air

Cooling None

Fireplace No

Exterior

Parking Features On Site, On Street

Water Access Desc Public

Roof Type Slate

Private Pool No

Building

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 129-29-124

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

Northern Ohio Regional MLS (YES-MLS)
Listed by Michael T Arko • Keller Williams Greater Metropolitan • mikearko@kw.com, 440-520-4270

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Mary Goudy

Mary Goudy

REALTOR® , Director of Operations | License ID: 2004013627

+1(740) 695-3131

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12601 Signet AVE