1106 E 64th ST Save Request In-Person Tour Request Virtual Tour
Cleveland,OH 44103
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Quadruplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 3,738 sqft
Price per Sqft $17
Subdivision Abby & L F Kilfoyle
MLS Listing ID 5051960
Bedrooms 7
Full Baths 7
Year Built 1910
Annual Tax Amount $846
Tax Year 2023
Lot Size 4,800 Sqft
Property Description
Unlock the potential of this fantastic investment opportunity with this 5-unit apartment building. This property is perfect for investors seeking a project with significant upside potential through a complete interior rehab. The building features three spacious 3-bedroom units and two 1-bedroom units, with projected monthly rental income ranging from $1,000 to $1,600 per unit. With an estimated total rental income between $5,000 and $8,000 monthly after renovations, this property promises excellent returns on investment.
The diverse unit mix allows for targeting a broad range of tenants, ensuring steady occupancy and income. Located in a prime area with convenient access to public transportation, schools, shopping centers, and dining options, this building is poised for value appreciation.
This opportunity is ideal for investors looking to add significant value through strategic renovations and capitalize on the growing rental demand in.
Location
State OH
County Cuyahoga
Interior
Heating Forced Air
Cooling Ceiling Fan(s)
Exterior
Garage Driveway
Waterfront No
Roof Type Composition
Building
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard