Skip to main content
|

1187 Addison Road, Cleveland, OH 44103

Show All 25 Photos
For Sale
Sale Pending

$245,000

8 beds4 baths3,789 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $64.66
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Discover an exceptional investment opportunity with this well-maintained 4-unit property, perfect for both experienced investors and first-time buyers. Located in a vibrant Cleveland neighborhood, this property is surrounded by amenities that will appeal to tenants and owners alike. The unit passed FHA inspection a year and a half ago, ensuring top-notch quality and safety. The yearly revenues could be $46,104 with full occupancy. Potential buyers can live rent-free in the unoccupied unit while generating income from the other three units. There is an opportunity to increase rents, enhancing your return on investment. The roof was repaired within the last two years. The foundation is completely dry, a rare and valuable feature in this area. As well as all other major components being in working condition. This property is also section 8 approved. The property has easy access to shopping, dining and entertainment. There are nearby parks that offer green spaces for outdoor activities. Also close to public transportation which makes it convenient for commuting. Don't miss out on this prime investment property that offers both immediate income and future growth potential. Schedule your viewing today and explore the endless possibilities this property has to offer!
MLS# 5052011

Courtesy Of Greater Cleveland

(216) 839-5500

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Cooling System
    Ceiling Fan(s)
  • Exterior Type
    Aluminum Siding
  • Heating System
    Forced Air
  • Lot Size
    0.17 Acres
  • Roof Type
    Unknown
  • Rooms
    Bedroom, Full Bath

Map and Directions

Directions to 1187 Addison Road, Cleveland, OH 44103
Loading...

Home seller CENTURY 21 Premiere Properties

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Premiere Properties

(216) 455-7677
Learn More About Us

Mortgage Calculator

$
$ %
Loan Term
%
Invalid number

$ /year
$ /year
$ /month

Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $0

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Loading...
Loading...
Loading