10702 Joan Avenue, Cleveland, OH 44111
- $425,000
- 8
- BD
- 4
- BA
- 6,384
- SqFt
- List Price
- $425,000
- Status
- ACTIVE
- Stories
- 2
- MLS#
- 5259333
- Year Built
- 1930
- Bedrooms
- 8
- Bathrooms
- 4
- Living Area
- 6,384
- Region
- Cleveland
- Township
- Cleveland
- Subdivision / Building
- Lorain Street & Denison Ave
Property Description
Attention investors! Fully occupied brick quad located on Cleveland’s desirable West Side, offering an excellent opportunity for investors seeking immediate rental income and strong returns. The property features four spacious 2 bedroom, 1 bathroom units, generating a combined monthly rental income of $4,820, or $57,840 annually. With all four units occupied, investors can enjoy consistent cash flow from day one. Boasting an impressive 12% ROI, this income producing asset presents an attractive opportunity for investors looking to maximize returns while expanding their real estate portfolio. Whether you are a seasoned investor or looking to acquire your next investment property, this quad offers an appealing combination of occupancy, income, and return potential in Cleveland’s thriving rental market.
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Additional Information
- Taxes
- $6,477
- Acres
- 0.10
- Sewer
- Public Sewer
- Roof
- Asphalt, Fiberglass, Flat
- Water
- Public
- Heating
- Forced Air
- Cooling
- None
- School District
- Cleveland Municipal - 1809
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Listing Courtesy of: Armani Adames, adamesarmani.aa@gmail.com With RE/MAX Above & Beyond
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