12601 Signet Avenue, Cleveland, OH 44120

12601 Signet Ave is a well-located 4-unit multifamily property in Cleveland’s Mount Pleasant neighborhood. Each unit features 2 bedrooms and 1 bathroom. One unit is currently occupied at $750 per month, while three units are vacant and only require minor renovations to be rent ready. The proforma gross income for the entire building is $3,250 per month or $39,000 per year, based on $850 per month per unit. The property includes off-street parking and a shared basement for storage or laundry. Its convenient location near major highways, schools, and public transportation enhances tenant appeal. This property is an excellent opportunity for investors looking to add value, increase rents, and maximize cash flow.