14104 Aspinwall Avenue
Cleveland, OH 44110

Listed at $249,000

Details

  • MLS# 5191370
  • Multi Unit - Multiple
  • Status Pending
  • 8 Bedrooms
  • 4 full Bathrooms
  • 0 Square Feet
  • 0.106 acres
  • Built in 1920
  • Cleveland Municipal - 1809 Local Schools
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Description

Investor Opportunity, Strong Cash Flow, Major Capital Improvement Completed Turnkey income-producing property with excellent cash flow fundamentals. Currently 75% occupied with a scheduled lease signing at $1,300/month, bringing projected gross rents to $3,600 per month once fully stabilized. This property features: Long-term tenants in place Well-maintained units in solid condition Hardwood flooring throughout Regular paint updates during tenant turns Low exterior maintenance profile Major Value Add: Aspinwall boasts a brand-new $45,000 roof (installed just one year ago) a significant capital improvement that reduces near-term expense risk...read more and increases investor confidence.Ideal for:Buy and hold investors seeking stabilized cash flowPortfolio expansion in a strong rental corridorInvestors looking for minimal immediate CapEx exposureWith strong in-place income and upside through full stabilization, this is a dependable addition to any Cleveland rental portfolio.

Features

  • Central Air
  • Forced Air
  • 2.0 Stories
  • $2,849 / year Taxes
  • Public
  • Built in 1920
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All Property Features

  • Property Type: Multi Unit - Multiple
  • Basement: Yes
  • Basement: Full
  • Cooling: Central Air
  • Days on Site: 7
  • Exterior: Brick
  • Heating: Forced Air
  • Lot Size: 0.11 Acres
  • Parcel#: 115-01-006
  • Parking: Driveway
  • Roof Type: Flat
  • Sewer: Public Sewer
  • Stories: 2.0
  • Taxes: $2,849 / year
  • Water: Public
  • Year Built: 1920