11815 Miles AVE Pending

Cleveland,OH 44105

$ 250000

8 Beds

4 Baths

6480 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 6,480 sqft

Price per Sqft $38

Subdivision Hoyt Realty Co

MLS Listing ID 5103653

Bedrooms 8

Full Baths 4

HOA Y/N No

Abv Grd Liv Area 4,320

Year Built 1920

Annual Tax Amount $1,986

Tax Year 2024

Lot Size 4,499 Sqft

Acres 0.1033

Property Sub-Type Quadruplex

Property Description

This four-unit building is a fantastic investment opportunity, offering immediate rental income with three of four units already occupied. Recent updates include a newer flat roof, new gable roofs, updated electrical panels, and remodeled kitchens and bathrooms on the first floor. Each unit features new appliances (stoves and refrigerators), ceiling fans, and fresh paint throughout. The property includes two parcels, with the second lot providing private parking. Current rental income: $990 (Section 8), $980 (self-pay), and $650 (self-pay), with one unit ready for a new tenant. This turnkey property is perfect for investors seeking strong cash flow potential—schedule a viewing today!

Location

State OH

County Cuyahoga

Rooms

Basement Full

Interior

Heating Forced Air,Gas

Cooling None

Fireplace No

Laundry None

Exterior

Parking Features Paved

Water Access Desc Public

Roof Type Flat,Other

Private Pool No

Building

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 138-07-027

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

View More
Favorite Go Tour