Michael Sulek
Principal Broker
REALTOR®
BEDS12
BATHS4 full
SQUARE FEET3,924
MLS#5252590
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONPeter Higgins
SCHOOLCleveland Municipal - 1809
Property Description
Excellent investment opportunity! This updated four-unit multifamily property offers a total of **12 bedrooms and 4 bathrooms**, with each unit featuring 3 bedrooms and 1 bathroom. Priced at $199,000, this property presents an opportunity for investors looking to expand their rental portfolio or buyers seeking a multifamily investment with multiple potential income streams. Each unit offers a three-bedroom layout, providing flexibility for a variety of rental arrangements. Whether you are an experienced investor or looking to enter the multifamily market, this property offers the potential to build long-term equity and generate rental income. This property offers a potential ARV north of 400k and higher rents due to three 3 bedrooms. This is a perfect candidate for the BRRR method! Bring your vision and explore the possibilities this Cleveland property has to offer. **Don't miss the opportunity to explore the potential of this Cleveland multifamily property. Schedule your showing today!**
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Cooling: None
Heating: Forced Air
Lot Size: 0.07 Acres
Roof Type: Other
Stories: 3.0
Taxes: $2,230 / year
Year Built: 1900
Feature Descriptions
Exterior: Frame
Parcel#: 105-32-083
Parking: Driveway, On Street
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
Listed By / Shown By
Listed By
Agency Name: RE/MAX Market Solutions
Agency Contact: joslinsellshomes@gmail.com, 216-609-8165
Shown By
Agent Name: Michael Sulek
Agent Phone: (740) 359-0695
Agency Title: Sulek & Experts Real Estate
Estimate Your Payment
Estimated Payment
$ 686.76 per month $442.89 Principal & Interest $185.83 Property Tax $58.04 Homeowner's InsuranceChange Payment Information
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1111 E 76th Street | MLS# 5252590
This multi-family property located at 1111 E 76th Street, Cleveland, OH 44103 is currently listed for sale with an asking price of $199,000. E 76th Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on msulek.sulekandexperts.com today.