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10552 Elk Avenue, Cleveland, OH 44108

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For Sale

$129,500

4 beds • 2 baths

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

10552 Elk Ave is a fully renovated turnkey duplex delivering $1,800/mo in rent (nearly at full proforma of $1,900). Being sold as a 10% cap rate on actual rents. Both units and exterior are fully renovated, with classic Colonial styling, solid frame construction, and asphalt roof. Just 1.3 miles to the Cleveland Lakefront Nature Preserve and only 5 miles down the corridor into Downtown, the property also sits 1.2 miles from Bratenahl, one of Cleveland's premier luxury enclaves - giving investors reliable cash flow today with location-driven upside as demand continues to push east from the lakefront and downtown core.
MLS# 5157240

Courtesy Of Greater Cleveland

(216) 839-5500

Property Features

  • Age
    Over 50 Years Old
  • Heating System
    Forced Air
  • Lot Size
    0.06 Acres
  • Roof Type
    Asphalt
  • Rooms
    Basement

Map and Directions

Directions to 10552 Elk Avenue, Cleveland, OH 44108

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(216) 455-7677
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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.