Description

Fully occupied and income-producing, this versatile multi-family asset in Cleveland's Clark-Fulton neighborhood offers immediate cash flow with future value-add potential. The property features three occupied units generating a combined $3,600 per month in rental income. The front lower unit offers 3 bedrooms and 1 bathroom and is currently leased for $1,000 per month. The detached rear house is occupied and rented for $1,500 per month, providing strong, stable income. The upper unit is a 1-bedroom, 1-bathroom apartment leased to a CMHA tenant at $1,100 per month, delivering reliable, subsidized rental revenue. Located in a well-established...read more