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3334 W 82nd Street
Cleveland, OH 44102

$199,000 - Status: Active
SQFT: 1,950
MLS# 5130342

Incredible opportunity to purchase a four-unit property on the highly sought-after west side of Cleveland! This value-add investment features two two-bedroom, one-bath units (both currently occupied at $550 and $650/month on month-to-month leases), a one-bedroom, one-bath attic unit, and a two-bedroom, one-bath basement unit with a full kitchen and bathroom. Projected market rents are $1,000/month for the two-bedroom units, $800/month for the one-bedroom attic and $850 per month for the basement, bringing the total projected gross annual income to $43,800. Cleveland's rental market remains strong, driven by steady demand, affordable pricing, and reliable cash flow?making this an excellent market for investors. The property has three gas meters and three electric meters; the owner currently pays utilities for the basement unit. The City of Cleveland Lead Inspection is in process for renewal, with no anticipated issues, giving new ownership a clear path to lead-free certification at closing. A rare chance to secure an easy-to-manage multifamily asset with strong upside in a growing market! *Note: Owner states that there are 4 units with 7 bedrooms and 4 bathrooms but the county auditor's website states that there are 2 units with 5 bedrooms and 3 bathrooms.

Property Features

MLS#: 5130342
Zip: 44102
Subdivision: Seidman
Development: Cleveland
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished
Cooling: None
Days on Site: 315
Heating: Forced Air
Lot Size: 0.11 acres
Roof Type: Asphalt, Shingle
Stories: 3.0
Taxes: $4,258 / year
Year Built: 1910

Feature Descriptions

Exterior: Shingle Siding
Parcel#: 017-33-011
Parking: On Site, Off Street, Paved
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

3334 W 82nd Street | MLS# 5130342

This multi-family property located at 3334 W 82nd Street, Cleveland, OH 44102 is currently listed for sale with an asking price of $199,000. W 82nd Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.greatmoverealty.net today.

Listed By / Shown By

Listed By

Agency Name: Russell Real Estate Services
Agency Contact: tal@premierclevelandinvesting.com, 216-870-8687

Shown By

Agency Title: Great Move Realty
Agency Phone: (330) 624-9605

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