Property Description
Turn-Key Cash-Flowing 4-Unit Investment Opportunity! Don't miss this rare opportunity to own a fully renovated four-unit multifamily property generating exceptional income from day one. Each spacious unit features 2 bedrooms, 1 bathroom, and its own private laundry room?a highly desirable amenity for tenants. With projected rents of approximately $1,250 per month per unit, this property offers up to $5,000 in monthly gross rental income. This building has been completely updated from top to bottom, providing true turn-key ownership and minimal maintenance concerns for years to come. Major improvements include all-new plumbing, electrical, HVAC systems, furnaces, kitchens, and a freshly poured driveway. There isn't a corner of this property that hasn't been thoughtfully renovated. Investors will appreciate the exceptional cash-flow potential, with rents supporting performance well above the coveted 1% rule. Adding to the strong financials are incredibly low property taxes of just $2,145 per year, helping maximize your net operating income and overall return on investment. Ideally located just minutes from Downtown Cleveland, Cleveland Clinic, and Lake Erie, the property offers convenient access to major employers, world-class healthcare, dining, entertainment, and recreation?making it highly attractive to prospective tenants. Whether you're a seasoned investor looking to expand your portfolio or a first-time multifamily buyer seeking a high-performing asset, this property check Listed to sell quickly?schedule your showing today and start generating returns from day one!
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Cooling: None
Days on Market: 15
Heating: Forced Air
Lot Size: 0.09 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $2,046 / year
Year Built: 1905
Feature Descriptions
Exterior: Vinyl Siding
Parcel#: 015-03-031
Parking: Driveway
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
3272 Fulton Road | MLS# 5218450
This multi-family property located at 3272 Fulton Road, Cleveland, OH 44109 is currently listed for sale with an asking price of $399,900. Fulton Road is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.kaszycarealestate.com today.