$875,000/mo

1947-1949 Coltman, Cleveland, OH 44106

  • Property Icon Rental
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon3,920sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

Here is your chance to own a rare set of BRICK Quadplexes right next to each other in the heart of Little Italy!! This set of 8 total units is 100% occupied and bringing in a total of $7,690/month in gross rent! Many of these units are due for a rent raise with the lower rents in the building under the $850/month mark should be pushing out similar rents as the other units in the building at $1,100+/month. This has the ability to bring in around the $9,000/month mark in gross rent! There is a shared driveway in between both buildings allowing for of off street parking which is rare in Little Italy. There is 2 garage spots and additional covered parking spots in the back as well. The building is beautifully crafted brick construction with newer vinyl windows throughout. The buildings have recent capex and other improvements including appliances, well maintained roofs, some newer furnaces/mechanicals and more. *1949 has laundry that is coin operated which could be setup to bring in additional income. Come check out 1947-1949 Coltman today

Listing Status:
Active
Listing Office:
Key Realty : 877-593-7589
Listing Agent:
Joshua Janus : 614-502-5316
MLS ID:
5129455
  • Basement: Common Basement
  • Heating: Forced AirGas
  • Parking: On SiteOutsidePavedOn Street
  • Roofing: AsphaltFiberglassFlat
  • General: 2
  • Originating MLS: NOWDD_NORM
  • School District: Cleveland Municipal - 1809
  • County: Cuyahoga
  • Zoning: 120-30-046
  • Current Use: ResidentialSingle Family
  • Water: Public
  • Sewer: Public Sewer
  • Source: NOWDD_NORM

This listing courtesy of Joshua Janus, Key Realty

Location

Schools Nearby

M

Mary McLeod Bethune PreK-8 School

11815 Moulton Ave, Cleveland, OH, 44106

Grades PK-8

0.74 miles away

M

Mary McLeod Bethune PreK-8 School

11815 Moulton Ave, Cleveland, OH, 44106

Grades PK-8

0.74 miles away

C

Cleveland School of the Arts

2064 Stearns Rd, Cleveland, OH, 44106

Grades 9-12

0.80 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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