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3521 W 58th Street, Cleveland, OH 44102

$249,500
  • 3521 W 58th Street, Cleveland, OH 44102 Main Photo

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New to the Market Active
BEDS4 BATHS4 full MLS#5234490
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONSchneiders Allotment SCHOOLCleveland Municipal - 1809

Property Description

Fully occupied, cash-flowing four-unit on Cleveland's west side ? a rare combination of stable day-one income and real, near-term upside! All four units are one bedroom, one bathroom and are currently leased, generating $3,010/month ($36,120/year) in gross rent. Market rents in the area support $3,400+/month ($40,800/year), giving a value-add investor a clear path to roughly 13% top-line growth simply by turning and re-leasing units as they come available. Whether you're a first-time multifamily buyer looking for a straightforward entry point with income from day one, or a seasoned operator hunting for a value-add play that pays you while you execute, 3521/3523 W 58th delivers on both fronts. Tenants are responsible for gas and electric; landlord pays water and sewer, keeping the operating expense load predictable and simple to underwrite. Rent roll and utility expenses available upon request. Please do not disturb tenants ? showings by appointment with accepted offer contingent on inspection.

3521 W 58th Street | MLS# 5234490

This multi-family property located at 3521 W 58th Street, Cleveland, OH 44102 is currently listed for sale with an asking price of $249,500. W 58th Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.dehoff.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Cooling: Gas
Heating: Forced Air
Lot Size: 0.15 Acres
Roof Type: Asphalt
Stories: 2.0
Taxes: $6,028 / year
Year Built: 1910

Feature Descriptions

Days on Site: 2
Exterior: Wood Siding
Parcel#: 016-17-091
Parking: Asphalt
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Listed By / Shown By

Listed By

Agency Name: Key Realty
Agency Contact: mjorlando1994@gmail.com, 216-956-1884

Shown By

Agency Title: DeHOFF REALTORS
Agency Phone: 330-499-8153

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Estimated Payment

$ 1,677.30 per month $1,102.20 Principal & Interest $502.33 Property Tax $72.77 Homeowner's Insurance

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