3702 W 15th ST Active Save Request In-Person Tour Request Virtual Tour
Cleveland,OH 44109
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,574 sqft
Price per Sqft $111
Subdivision Foster
MLS Listing ID 5041577
Bedrooms 7
Full Baths 4
Year Built 1910
Annual Tax Amount $6,466
Tax Year 2023
Lot Size 7,501 Sqft
Property Description
This exceptional investment opportunity features two renovated duplexes on a single lot, providing a total of three, two-bedroom units and one 1-bedroom. Each unit comes fully furnished and equipped with modern appliances, allowing you to seamlessly continue operating it as a short and/or mid-term rental from day one. The property has consistently generated ~$100,000 in gross income annually, showcasing its profitability and high demand. Current cap rate is 10%.
Situated in a prime location, this property is conveniently close to major freeways, Downtown Cleveland, Tremont, and The Cleveland Zoo. Whether guests are in town for business or leisure, they will appreciate the easy access to popular destinations and amenities.
Don't miss out on this rare chance to own a highly lucrative short and mid-term rental property in a thriving Cleveland neighborhood. All furniture and appliances are included in the sale, ensuring a smooth transition for the new owner. Contact us today for more information or to schedule a viewing.
Location
State OH
County Cuyahoga
Interior
Heating Forced Air
Cooling Window Unit(s)
Exterior
Garage Off Street
Waterfront No
Roof Type Asphalt,Fiberglass
Building
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809