Strong investment opportunity with immediate cash flow and high value-add potential. This fully occupied property at 3799 E 54th features in-place tenants paying $1,350 per month, providing stable, consistent income from day one. Tenants are responsible for all utilities, helping keep operating expenses low and improving overall returns. The property offers clear upside through a partially finished third floor, creating the opportunity to add a third bedroom to the upper unit and significantly increase rental income and overall property value. With strong rental demand in the area, this presents an ideal scenario for both cash flow and appreciation. Conveniently located near major highways, shopping, and local amenities, this is a solid addition to any portfolio. Ideal for investors seeking a performing asset with built-in upside and minimal operational complexity. Buyer to verify all information.
Listed By
Agency Name: Home Equity Realty Group
Agency Contact: Garrett Rowan; Garrett.Rowan@HEQRealty.com; 803-992-1429
Shown By
Agent Name: Lisa G
Agent Phone: (330) 495-3555
Agency Title: DeHOFF REALTORS
Estimated Payment
$ 632.22 per month $485.50 Principal & Interest $114.67 Property Tax $32.05 Homeowner's Insurance
3799 E 54th Street | MLS# 5200685
This multi-family property located at 3799 E 54th Street, Cleveland, OH 44105 is currently listed for sale with an asking price of $109,900. E 54th Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on lgrzybowski.dehoff.com today.