Listed By
Agency Name: Keller Williams Greater Metropolitan
Agency Contact: alexysjones@kw.com, 440-694-5551
Shown By
Agent Name: Beth Miller
Agent Phone: (330) 268-3757
Agency Title: Cutler Real Estate
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Property Description
Turnkey investment opportunity with immediate cash flow and serious upside potential! This fully rehabbed multi-family property features two spacious units, each offering 3 bedrooms and 2 full bathrooms?an extremely rare and desirable layout for both tenants and owner-occupants. The lower unit is currently rented at $979/month, while the upper unit?previously rented at $1,150/month (Eden/CMHA)?will be delivered vacant, giving the next owner flexibility to set new lease terms or maximize rents right away. Based on current CMHA fair market rent, 3-bedroom units are projected at up to $1,720/month, leaving significant room to increase income and boost overall returns. Whether you're an investor looking to expand your portfolio or a buyer interested in house hacking, this property offers the perfect setup?live in one unit while the other helps cover your mortgage. The property has been completely rehabbed with newer mechanics, plumbing, and electrical, providing peace of mind and minimizing immediate capital expenses. Don't miss this opportunity to secure a cash-flowing asset with built-in equity and rental upside!
Property Features
Property Type: Multi Unit - Multiple
Basement: Full
Basement: Yes
Cooling: None
Garage: 2
Heating: Forced Air
Lot Size: 0.09 Acres
Roof Type: Asphalt
Stories: 3.0
Taxes: $1,534 / year
Year Built: 1910
Feature Descriptions
Exterior: Frame
Parcel#: 132-24-038
Parking: Driveway
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
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Estimated Payment
$ 1,110.26 per month $927.01 Principal & Interest $127.83 Property Tax $55.42 Homeowner's InsuranceChange Payment Information
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6723 Clement Avenue | MLS# 5194031
This multi-family property located at 6723 Clement Avenue, Cleveland, OH 44105 is currently listed for sale with an asking price of $190,000. Clement Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on bmiller.cutlerhomes.com today.