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10413 Yale Avenue, Cleveland, OH 44108

$185,000
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New to the Market Status - Active
8BEDS 4 fullBATHS 5217220MLS# Low & EdwardsSUBDIVISION Cleveland Municipal - 1809SCHOOL

Home Value Estimate


Description

Investor opportunity! This fully occupied four-unit property offers immediate cash flow with below-market rents totaling $2305, creating a compelling value-add opportunity for investors seeking both current income and future growth. With current operations generating an approximate 11.5% cap rate based on existing rents and known expenses, this property provides strong in-place returns from day one. As units turn over, investors have the opportunity to renovate and bring rents closer to market levels, potentially increasing cash flow and overall property value. Whether you're looking to expand an existing portfolio or acquire a multifamily...read more

Features

  • None
  • Forced Air
  • 2.0 Stories
  • $2,871 / year Taxes
  • Public
  • Built in 1918

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