Turnkey four-unit brick investment property in Cleveland's desirable North Collinwood neighborhood featuring fully remodeled units updated within the last few years. Each spacious unit offers modern kitchens with updated cabinetry and appliances, renovated baths, neutral finishes, and durable flooring throughout, providing low-maintenance ownership and strong tenant appeal. Current rents include two units at $1,200/month, one at $1,175/month, with one vacant unit projected at $1,225/month, offering immediate upside and excellent cash-flow potential. Solid brick construction, updated mechanicals, and consistent interior condition make this a true plug-and-play asset for investors, while also presenting a strong opportunity for an owner-occupant to offset their mortgage with rental income. Prime location near Lake Erie, Waterloo Arts District, downtown access, and major highways supports continued rental demand and long-term value. Showings for Unit 1 & basement only. Other units available to show upon contract.
Listed By
Agency Name: Berkshire Hathaway HomeServices Professional Realty
Agency Contact: clientcare@taskteamcle.com, 216-276-1626
Shown By
Agent Name: John Yoder Team
Agent Phone: Cell: (740) 398-2532
Agency Title: Key Realty
Estimated Payment
$ 3,604.41 per month $2,712.95 Principal & Interest $750.00 Property Tax $141.46 Homeowner's Insurance
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14620 Lake Shore Boulevard | MLS# 5186008
This multi-family property located at 14620 Lake Shore Boulevard, Cleveland, OH 44110 is currently listed for sale with an asking price of $485,000. Lake Shore Boulevard is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.johnyoderteam.com today.