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Key Details
Sold Price $225,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Rhodes
MLS Listing ID 4400557
Sold Date 09/26/22
Bedrooms 8
Full Baths 4
HOA Y/N No
Year Built 1920
Annual Tax Amount $7,086
Lot Size 0.338 Acres
Acres 0.3382
Property Description
Great Opportunity to invest in a property that has tons of opportunity to be a cash cow! This four unit building has 2 units occupied by tenants wanting to stay. Unit 1 is occupied by a section 8 tenant collecting $734/mo. Unit 2 is collecting $750/mo occupied by a section 8 paying tenant. Last Rehab 2020- Exterior Doors, 4 new Hot water Tanks, Plumbing, New bathroom tiles, 3 New Furnace, Drywall repairs, Electrical repair/upgrades, Floorings, Kitchen Cabinets/counters, Painting interior. Units 3 and 4 are vacant and available for showings. These 2 units are in need of cosmetic repairs as well as some finishing touches! Feel free to reach out to your favorite agent for more details!
Location
State OH
County Cuyahoga
Interior
Heating Forced Air, Gas
Cooling None
Fireplace No
Laundry None
Exterior
Garage Unpaved
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Parking Type Unpaved
Building
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 001-31-006
Financing Cash
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Bought with Tim Cline • Platinum Real Estate