5716 Hosmer Avenue
Cleveland, OH 44105
Incredible investor package featuring 3 fully occupied single-family homes in the highly cash-flowing 44105 ZIP code of Cleveland, OH! This turnkey portfolio is priced at $315,000.00 and delivers immediate, reliable cash flow from day one with a 0.00% vacancy rate. Boasting a massive 13.13% Capitalization Rate and a low 6.60x Gross Rent Multiplier (GRM), this strategic Cleveland package is optimized for maximum return on investment. The portfolio generates a robust Gross Annual Rent of $47,724.00. Overhead is exceptionally low with a streamlined Operating Expense Ratio (OER) of 13.36%, resulting in a strong Net Operating Income (NOI) of $41,347.20. Added stability includes one property backed by guaranteed, reliable CMHA subsidized housing funds, while the remaining homes feature verified net lease structures where tenants absorb 100% of standard utility outlays. This is a rare, low-maintenance asset package perfect for scaling your rental footprint in a strong rental market-add these high-yielding Cleveland homes to your portfolio today!
Property Features
Feature Descriptions
Local Schools
Listed By / Shown By
Listed By
Agency Name: Russell Real Estate Services
Agency Contact: amandahelpsrealestate@gmail.com, 440-444-6343
Shown By
Agency Title: Great Move Realty
Agency Phone: (330) 624-9605
Select a format below, new window will open and will prompt you to print.
5716 Hosmer Avenue | MLS# 5250100
This commercial property located at 5716 Hosmer Avenue, Cleveland, OH 44105 is currently listed for sale with an asking price of $315,000. Hosmer Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.greatmoverealty.net today.