4,181 Sqft Lot
4,181 Sqft Lot
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Subdivision Stanley
MLS Listing ID 5232492
HOA Y/N No
Year Built 1910
Annual Tax Amount $3,977
Tax Year 2025
Lot Size 4,181 Sqft
Acres 0.096
Property Sub-Type Other
Property Description
Attention Investors: Secure an immediate, hassle-free 15.9% gross yield with this strategically bundled 3-property residential portfolio located entirely within the high-demand 44105 zip code of Cleveland, OH. Offered at an unbeatable package price of $300,000, this collection is fully optimized for immediate, stable cash flow with maximum expense insulation. Every property in this package features a highly rentable, uniform 3-bedroom, 1-bathroom layout:
Gross Annual Income: $47,724 (~$3,977 total monthly gross across portfolio)
In-Place Tax Efficiency: 2025 annual taxes total just $3,976.80 for all three assets
Net Income After Taxes: $43,747.20 pre-expense cash cushion
Adjusted Portfolio Yield: A remarkable 14.58% return.
100% Tenant-Occupied: Enjoy day-one cash flow without the friction, downtime, or leasing fees of vacant turnarounds.
Zero Utility Overhead: Tenants pay all their own utilities, drastically minimizing the landlord's variable expense exposure and protecting your bottom line.
Streamlined Property Management: Clustered within the rental-heavy Broadway-Slavic Village submarket, this portfolio makes property maintenance and management logistics incredibly efficient.
Location
State OH
County Cuyahoga
Interior
Heating Forced Air
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Water Access Desc Public
Present Use Investment,Multi-Family,Residential,Single Family
Building
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 131-35-083
Special Listing Condition Standard
NEARBY SCHOOLS & PROPERTIES
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