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Cleveland, OH, 44109 • Clark Fulton • Cuyahoga County
5Beds
2Baths
0.12 acLot
1890Built
Character Home
Built 1890 · 136 years of history
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People checking out this listing
512 days on market
Established listing
Multi Family · Built 1890 · Historic
Discover a distinctive investment opportunity with this multi-family property on the west side of Cleveland, featuring two separate single-family homes on one lot. This is a House Hacking Dream! Live in the front house and rent the back house and live for pennies on the dollar. With it being 2 properties on one lot, you enjoy the benefits of multi family investment, without having neighbors right on top of you Just blocks from the newly built $1 billion Metro Hospital, this property is situated in a rapidly gentrifying neighborhood, promising both immediate and long-term value. The back house, with a Section 8 tenant, is set for a $100 rental bump in November, currently paying $812. This unique setup not only provides multiple income streams but also benefits from its proximity to major developments and revitalization efforts, making it a standout choice for savvy investors looking to capitalize on Cleveland’s growth. If you don't wish to house hack, comparable rent's for the front house are in the $1,200-1,300 ranges with the back house getting $900 you could get $2,000+, this is a steal! This property is being sold in AS-IS condition.
Based on current rates
Est. 6.72% rate · 30yr fixed · $124,000 loan
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4 categories of property features
Market data and value estimates
3 schools rated nearby
Cleveland, OH, 44109
17 events
25 years of records
Local context around this listing
Cleveland, OH • Cuyahoga County
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