6606 Hosmer AVE, Cleveland, OH 44105
6606 Hosmer AVE, Cleveland, OH 44105
6606 Hosmer AVE, Cleveland, OH 44105
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$220,000
Est. payment /mo
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8 Beds
4 Baths
4,287 SqFt
New

6606 Hosmer AVE Cleveland, OH 44105

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Town & Country

Town & Country

+1(740) 454-0500

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Key Details

Property Type Single Family Home

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,287 sqft

Price per Sqft $51

Subdivision Hosmer Smith

MLS Listing ID 5258838

Bedrooms 8

Full Baths 4

HOA Y/N No

Abv Grd Liv Area 4,287

Total Fin. Sqft 4287

Year Built 1900

Annual Tax Amount $4,076

Tax Year 2025

Lot Size 5,201 Sqft

Acres 0.1194

Property Sub-Type Quadruplex

Property Description

Turnkey 4-Unit Investment Opportunity in Cleveland! Welcome to 6606 Hosmer Avenue, a fantastic opportunity to add a cash-flowing quadruplex to your investment portfolio! This unique property features three units in the front building and a separate, freestanding single-family home in the rear. All four units have undergone recent renovations, including updated electrical systems, mechanicals, and cosmetic improvements. Three of the four units are currently occupied, providing immediate rental income, while the vacant unit offers the opportunity for an owner-occupant or additional rental income. Unit 1 is currently rented for $700 per month through 4/30/2027, Unit 2 is rented for $675 per month through 8/31/2027, and Unit 4, the freestanding rear home, is rented for $995 per month through 8/31/2027. Unit 3 is currently vacant, was previously rented for $700 per month, and is available for showings. Current gross rental income totals $2,370 per month, with the potential to generate $3,070 per month, or $36,840 annually, when fully occupied at the previous rental rate. This turnkey investment comes with property management already in place, making it an excellent opportunity for investors seeking a streamlined addition to their portfolio. Tenants are responsible for all utilities except water and sewer, which are paid by the landlord. Video walkthroughs of all four units are available upon request. Don't miss this opportunity to own an income-producing property with immediate cash flow and additional rental potential!

Location

State OH

County Cuyahoga

Rooms

Basement Unfinished

Interior

Heating Forced Air

Cooling None

Fireplace No

Exterior

Parking Features Driveway

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Garage false

Private Pool No

Building

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 132-14-124

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

VOW - Northern Ohio Regional MLS (YES-MLS) /MLS Now
Listed by Kim L Goodrick • Red 1 Realty, LLC • kim@klg-real.com, 440-413-7013

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Town & Country

Town & Country

Real Estate Brokerage License ID: 0000331236

+1(740) 454-0500

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6606 Hosmer AVE