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$239,500
3521 W 58th Street, Cleveland, OH 44102
4
Bedrooms
4
Bathrooms
—
Living area
0.1462 acres
Lot size
0
Garage
2
Stories
Fully occupied, cash-flowing four-unit on Cleveland's west side — a rare combination of stable day-one income and real, near-term upside! All four units are one bedroom, one bathroom and are currently leased, generating $3,010/month ($36,120/year) in gross rent. Market rents in the area support $3,400+/month ($40,800/year), giving a value-add investor a clear path to roughly 13% top-line growth simply by turning and re-leasing units as they come available. Whether you're a first-time multifamily buyer looking for a straightforward entry point with income from day one, or a seasoned operator hunting for a value-add play that pays you while you execute, 3521/3523 W 58th delivers on both fronts. Tenants are responsible for gas and electric; landlord pays water and sewer, keeping the operating expense load predictable and simple to underwrite. Rent roll and utility expenses available upon request. Please do not disturb tenants — showings by appointment with accepted offer contingent on inspection.
Heating
Cooling
Parking
Basement
Construction
3521 W 58th Street, Cleveland, OH 44102
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Estimated monthly payment
$1,500
Estimates only. Taxes and insurance are approximated from the list price and vary by county and carrier. Talk to a lender for a real quote.