Listed By
Agency Name: Home Equity Realty Group
Agency Contact: Garrett Rowan; Garrett.Rowan@HEQRealty.com; 803-992-1429
Shown By
Agent Name: Colten Phay
Agent Phone: (614) 286-8662
Agency Title: Cutler Real Estate
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Property Description
Strong investment opportunity with immediate cash flow and high value-add potential. This fully occupied property at 3799 E 54th features in-place tenants paying $1,350 per month, providing stable, consistent income from day one. Tenants are responsible for all utilities, helping keep operating expenses low and improving overall returns. The property offers clear upside through a partially finished third floor, creating the opportunity to add a third bedroom to the upper unit and significantly increase rental income and overall property value. With strong rental demand in the area, this presents an ideal scenario for both cash flow and appreciation. Conveniently located near major highways, shopping, and local amenities, this is a solid addition to any portfolio. Ideal for investors seeking a performing asset with built-in upside and minimal operational complexity. Buyer to verify all information.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Cooling: Window Unit(s)
Days on Market: 1
Heating: Forced Air
Lot Size: 0.08 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $1,376 / year
Year Built: 1910
Feature Descriptions
Exterior: Fiber Cement
Parcel#: 132-10-110
Parking: Driveway, Off Street, On Street
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
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Estimated Payment
$ 705.33 per month $558.61 Principal & Interest $114.67 Property Tax $32.05 Homeowner's InsuranceChange Payment Information
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3799 E 54th Street | MLS# 5200685
This multi-family property located at 3799 E 54th Street , Cleveland, OH 44105 is currently listed for sale with an asking price of $109,900. E 54th Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on cphay.cutlerhomes.com today.