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For Sale Quadruplex

3205 Denison Avenue, Cleveland, OH

3205 Denison Avenue, Cleveland, OH, 44109
$399,900

Property Details

8 Bedrooms
4 Bathrooms
2,880 Sq Ft
Quadruplex

Description

Attention investors! Welcome to this cash flowing investment opportunity in the heart of Cleveland! This well maintained quadruplex features four spacious 2 bedroom, 1 bathroom units and is currently 75% occupied, generating $2,500 per month in rental income with immediate upside. The vacant unit is completely turnkey and rent ready, giving the next owner the opportunity to quickly increase cash flow by placing a new tenant at market rent or to owner occupy while the remaining units help offset the mortgage. The current rents provide steady income, and the vacant unit offers excellent value-add potential from day one. Whether you’re expanding your investment portfolio or looking for your first multifamily property, this four unit building offers the ideal combination of current income and future growth. With strong rental demand in the area and room to boost returns, this is an opportunity you won’t want to miss. Schedule your private showing today and see the potential this income-producing property has to offer!

Property Information

Address 3205 Denison Avenue
City Cleveland
State OH
Zip Code 44109
Price $399,900
Property Type Residential Income
Listing Type Quadruplex
Bedrooms 8
Bathrooms 4
Area 2,880 Sq Ft

Location

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