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Completely remodeled 3-unit in 44103 has been grossing $3,500/month or $42,000/year! This property EASILY beats the 1% Rule and 10-Cap benchmark. Everything is new, from the roof, siding, vinyl windows, and new concrete parking pads and driveway to all of the mechanicals and interior finishes. There are two 2-bedroom, 1-bath down units, each generating $1K per month. The entire second floor is a 3-bedroom unit with 2 FULL bathrooms and a covered porch. The 3-bedroom unit is currently vacant and listed for rent for $1500, which is what the previous tenant paid. All three kitchens have new cabinets with granite counters and newer stainless steel appliances including fridge/freezer, range, dishwasher and microwave. Each of the three units has Central AC and in unit washers and dryers. Owners pay all utilities and charge tenants a flat monthly fee. Total utility fees were generating $310/month when fully occupied. This will likely increase based on number of occupants who move into Unit 2. LEAD CERTIFICATE valid through April 2027
Immaculate Conception School
East Preparatory Academy
University of Cleveland Prep
Ohio Connections Academy, Inc
Cleveland Entrepreneurship Preparatory School
Village Preparatory School
Design Lab @ Jane Addams
Cleveland Academy For Scholarship Technology And L
St Martin De Porres High School
Life Skills High School Of Cleveland
School data provided by GreatSchools.org © 2025 . All rights reserved.
1615 E 47th Street, Cleveland, Ohio 44103
Residential Income For Sale


- Joseph Zingales
- View website
- 440-296-5006
- 440-346-2031
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josephzingales@gmail.com
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info@ohiohomeservices.net