4412 E 156th Street
Cleveland, OH 44128

Listed at $430,000

Details

  • MLS# 5171179
  • Commercial - Business
  • Status Active
  • 0 Bedrooms
  • Bathrooms
  • 0 Square Feet
  • 0.426 acres
  • Built in 1952
  • Cleveland Municipal - 1809 Local Schools
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Description

Rare opportunity to acquire a 5-property, 7-unit investment portfolio with strong rental upside and a mix of occupied and value-add units. This portfolio once stabilized is set up to bring in over $100,000 per year in gross income! Truly a perfect opportunity for a new or seasoned investor looking for a prime value-add opportunity. The package includes 2798 E 120th, featuring two homes on one lot, with the front unit currently rented for $1,227 (Section 8). 11301 Nelson which is a solid duplex, with the 3BD/1BA unit rented for $795 and the 2BD/1BA unit rented for $735. 4412 E 156th is a 3BD/1BA single-family home delivered vacant, ready for...read more a quick unit turn. Rounding out the portfolio is 9423 Benham, a duplex with 3BD/1BA and 2BD/1BA units, both vacant and primed for value-add improvements. This portfolio provides a balanced mix of cash-flowing units and redevelopment potential - ideal for investors seeking scale, stability, and future upside.

Features

  • Forced Air
  • $5,182 / year Taxes
  • Public
  • Built in 1952
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All Property Features

  • Property Type: Commercial - Business
  • Days on Site: 102
  • Heating: Forced Air
  • Lot Size: 0.43 Acres
  • Parcel#: 142-13-068
  • Sewer: Public Sewer
  • Taxes: $5,182 / year
  • Water: Public
  • Year Built: 1952