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3821 E 55th Street, Cleveland, OH 44105

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For Sale

$259,900

8 beds • 4 baths

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

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

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

Cash-flow producing Quadplex with several major capital improvements in place. This fully occupied quadplex brings in $3,053 per month in current total rent with room to grow quickly. The building includes four units: one 3-bedroom/1-bath, one 1-bedroom efficiency, and two 2-bedroom/1-bath units. Two of the units have been fully renovated within the last year. The property has lead-safe certification and active rental registrations. All electrical panels have been replaced and are up to code. The roof is newer, and several HVAC systems were updated within the last year. The property has been professionally managed by a local PM company that is willing to continue with the new owner if desired. This is a solid, low-maintenance rental property with strong cash flow and key updates already done.
MLS# 5125672

Courtesy Of The Agency Cleveland Northcoast

(216) 415-7080

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Ceiling Fan
  • Cooling System
    Ceiling Fan(s)
  • Heating System
    Forced Air
  • Lot Size
    0.09 Acres
  • Roof Type
    Asphalt
  • Rooms
    Basement

Map and Directions

Directions to 3821 E 55th Street, Cleveland, OH 44105

Home seller CENTURY 21 HomeStar

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CENTURY 21 HomeStar

(440) 449-9100
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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.

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