Incredible Opportunity in Cleveland! Acquire four cash-flowing duplexes as an 8-unit portfolio in a rapidly growing market. Currently 100% occupied with market-rate tenants, these properties bring in strong rents with potential for significant increases upon lease renewals. Recent updates include replaced mechanicals and various cosmetic enhancements, ensuring a well-maintained investment. All up/down style duplexes are situated in close proximity, making management straightforward. With an initial 9% cap rate and 13% cash-on-cash return, and the potential to achieve a 13% cap rate and 30%+ cash-on-cash returns, this portfolio offers exceptional growth and income potential. Don't miss out on this high-yield investment opportunity!

Based on information submitted to MLS Now as of October 12, 2024 8:57 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. Listing information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Property Details of 19708 Kewanee Avenue

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Don Petrasek

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Property Details of 19708 Kewanee Avenue

Exterior Features

Exterior Features

Utilities and Appliances

Utilities and Appliances

Community

Schools

Other Details

Water

Map Location

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Hi there! How can we help you?

Hi there! How can we help you?