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13605 Othello Avenue, Cleveland, OH 44110

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For Sale
Sale Pending

$249,900

8 beds • 4 baths • 4,188 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

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

  • $59.67
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

This large, multi-family property is a solid way to build your rental portfolio! With over 4,000 sqft of total living space, this property consists of 4 units and is currently fully occupied! Each unit has 2 bedrooms and 1 full bathroom! Unit 1 is currently renting with a long-term tenant (2019) for $735 per month with a lease that expires 8/31/25. Unit 2 is currently renting with a long-term tenant (2022) for $925 per month on a month-to-month lease. Unit 3 is currently renting with a long-term tenant (2022) for $725 per month with a lease that expires 12/31/24. Unit 4 is currently renting for $795 per month with a lease that expires 3/31/25. 3 of the units have been recently renovated! Each unit offers a living room & dining room as well as a large, eat-in-kitchen and beautiful fireplace in the living room! There is a rear common area leading to the basement. The basement is split in 2 providing two sets of utilities and mechanicals. Each unit has its own furnace, how water tank, and electrical panel. Several of the furnaces and hot water tanks are newer! Outside you will find a recently repaired roof (2024), completely new driveway, parking lot and service walk! With easy highway access, this is near food, shopping and public transit! Don't miss out on this solid opportunity with this fully occupied multi-family property! Reach out to learn more!
MLS# 5081434

Courtesy Of RE/MAX Haven Realty

(440) 519-3100

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Architecture Style
    Other
  • Cooling System
    None
  • Exterior Type
    Brick
  • Lot Size
    0.13 Acres

Map and Directions

Directions to 13605 Othello Avenue, Cleveland, OH 44110

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(440) 449-9100
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Monthly Payment Breakdown

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

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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