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10304 Shale AVE Cleveland, OH 44104
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Key Details
Sold Price $187,200
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,424 sqft
Price per Sqft $54
Subdivision Bigelow
MLS Listing ID 5006649
Sold Date 04/05/24
Bedrooms 8
Full Baths 4
HOA Y/N No
Abv Grd Liv Area 3,424
Year Built 1900
Annual Tax Amount $4,190
Tax Year 2022
Lot Size 6,316 Sqft
Acres 0.145
Property Sub-Type Quadruplex
Property Description
Cash-flowing properties for Investors-- check out this 4-unit!! Not only does this property have much to offer, but it is located where A LOT of new development and construction is happening, with several new single-family homes being completed on this block. This property offers 2 duplexes on one property. This 4-unit is 50% occupied and has the potential to generate $2800 each month, or approximately $34K annually, when fully occupied. So, whether you are using the 1% Rule or want to achieve a 10-CAP, this property is a great investment option! The sewer line from the rear property to the front has recently been replaced. Both top units are currently vacant and being made rent-ready with painting and minor repairs and cleaning being completed. Seller-financing is NOT an option.
Location
State OH
County Cuyahoga
Rooms
Basement Full, Unfinished
Interior
Heating Forced Air, Gas
Cooling None
Fireplace No
Laundry Common Area, In Basement
Exterior
Parking Features Paved
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 128-06-009
Financing Conventional
Special Listing Condition Standard
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Bought with Jullian Vaughn • Premier Heights Realty LLC