Seller is open to all reasonable offers - 3799 E 54th St, Cleveland, OH 44105 Turnkey Duplex | Part of 4-Property Investment Package
Fully occupied and performing above market averages, 3799 E 54th St is a turnkey duplex offering stable cash flow in one of Cleveland's strongest rental corridors. The property features (2) well-maintained 2-bedroom units, both currently rented for a combined $1,350 per month, exceeding 75% of HUD Fair Market Rent.
This property is being sold as part of a 4-property investment package, offering a balanced mix of cash-flowing and value-add opportunities. The seller has completed full inspections on all four
...read more properties, and the portfolios list price accounts for renovation and upgrade costs across the assets?positioning the entire package to deliver 812% cap rates at 7590% of FMR.Property Highlights:(2) 2-Bedroom Units Fully Occupied at $1,350/moSolid, Income-Producing Asset Turnkey ReadyLocated Near Fleet Ave Corridor and Key EmployersPart of a 4-Property Package 812% Pro Forma Cap Rate RangeSeller-Motivated | Inspections Completed on All PropertiesIdeal for investors seeking immediate, proven returns with portfolio-scale upside in Clevelands high-demand rental market.