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$349,900
12722 Lorain Avenue, Cleveland, OH 44111
8
Bedrooms
4
Bathrooms
—
Living area
0.0813 acres
Lot size
0
Garage
2
Stories
Exceptional investment opportunity in the heart of Cleveland's thriving West Side! This well-maintained 4-unit multifamily property offers immediate cash flow with significant upside potential. Currently generating rental income from fully occupied, month-to-month tenants, the property features rents of three units at $900/month, one unit at $850/month, providing flexibility for future rent adjustments to market rates. Recent capital improvements, including newer furnaces and central air updates, help minimize maintenance expenses and add long-term value. Whether you're expanding your investment portfolio or seeking a value-add asset with stable occupancy, this property presents a rare opportunity in a desirable location near shopping, dining, public transportation, and major highways. Don't miss your chance to own a high-performing multifamily investment with room for even greater returns.
Heating
Cooling
Parking
Construction
12722 Lorain Avenue, Cleveland, OH 44111
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Estimated monthly payment
$2,192
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.