656 E 106th ST Pending Save Request In-Person Tour Request Virtual Tour
Cleveland,OH 44108
Key Details
Property Type Single Family Home
Sub Type Quadruplex
Listing Status Pending
Purchase Type For Sale
Square Footage 5,169 sqft
Price per Sqft $25
Subdivision Frederick G Hanks
MLS Listing ID 5057431
Bedrooms 4
Full Baths 4
HOA Y/N No
Abv Grd Liv Area 3,446
Total Fin. Sqft 5169
Year Built 1920
Annual Tax Amount $2,447
Tax Year 2023
Lot Size 6,446 Sqft
Acres 0.148
Property Description
Welcome to 656 E 106th Street, a well-maintained quadruplex offering a solid investment opportunity in the heart of Cleveland. This property boasts four units, each occupied by long-term tenants, generating a steady gross revenue of $2,040 per month.
Property Highlights:
Consistent Income: With reliable, long-term tenants, this quadruplex provides a dependable monthly income of $2,040, making it a fantastic addition to any investment portfolio.
Well-Maintained Units: Each of the four units has been cared for, ensuring tenant satisfaction.
Prime Location: Situated in a vibrant neighborhood of Cleveland, residents enjoy convenient access to local amenities, public transportation, and nearby attractions.
Strong Rental Demand: The area’s consistent demand ensures the potential for continued occupancy and income stability.
Whether you are a seasoned investor or new to real estate, this quadruplex presents an excellent opportunity to secure a stable income-producing property in a growing market.
Location
State OH
County Cuyahoga
Direction Northeast
Rooms
Basement Full,Unfinished
Interior
Heating Forced Air
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Common Area,In Basement
Exterior
Garage On Street
Waterfront No
Water Access Desc Public
Roof Type Composition
Garage false
Private Pool No
Building
Faces Northeast
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 108-25-010
Special Listing Condition Standard