Listed By
Agency Name: 1st Cavalry Homes Real Estate & Property Mgmt.
Agency Contact: 234-230-2237, office@1stcavalryhomes.com
Shown By
Agent Name: Katie Kaszyca
Agent Phone: (330) 936-5433
Agency Title: Cutler Real Estate
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Property Description
Investor opportunity in Cleveland! This four-unit multifamily property offers immediate income with two occupied units and additional upside through two vacant units ready for lease-up. Unit 1 features three bedrooms and one bathroom, while Units 2 and 3 each offer two bedrooms and one bathroom. The occupied units are currently receiving under-market rent; providing significant future income potential! Listed rent prices for the vacant units range are currently at $845 for Unit 3 and $745 for Unit 4; with strong interest in both. Residents are responsible for all utilities, helping reduce owner-paid operating expenses. Additional features include two garage spaces, driveway parking, an unfinished basement offering storage potential, and approximately $5,000 recently invested in exterior repairs. Conveniently located near major Cleveland roadways with access to I-77 and I-480. An excellent opportunity to acquire a four-unit property with existing income, immediate lease-up potential, and long-term value-add upside!
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Apartment
Cooling: None
Days on Market: 30
Garage: 1
Heating: Forced Air
Lot Size: 0.12 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $3,603 / year
Year Built: 1920
Feature Descriptions
Exterior: Aluminum Siding
Parcel#: 132-15-069
Parking: Driveway, Detached, Garage
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
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Estimated Payment
$ 1,484.41 per month $1,125.86 Principal & Interest $300.25 Property Tax $58.30 Homeowner's InsuranceChange Payment Information
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6920 Hosmer Avenue | MLS# 5244623
This multi-family property located at 6920 Hosmer Avenue, Cleveland, OH 44105 is currently listed for sale with an asking price of $199,900. Hosmer Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on kkaszyca.kaszycarealestate.com today.