3334 W 82nd Street, Cleveland, OH 44102

Incredible opportunity to purchase a four-unit property on the highly sought-after west side of Cleveland! This value-add investment features three 2-bedroom, 1-bath units (two of which are currently occupied at $550 and $650/month on month-to-month leases) and a one-bedroom, one-bath attic unit. The vacant 2-bedroom, one-bath unit is in the basement with a full kitchen and bathroom. Projected market rents are $1,000/month for the two occupied 2-bedroom units, $800/month for the 1-bedroom and $850/month for the vacant 2-bedroom basement unit, bringing the total projected gross annual income to $43,800. Cleveland’s rental market remains strong, driven by steady demand, affordable pricing, and reliable cash flow—making this an excellent market for investors. The property has three gas meters and three electric meters; the owner currently pays utilities for the basement unit. The City of Cleveland Lead Inspection is in process for renewal, with no anticipated issues, giving new ownership … read more …