Property Description

Turnkey four-unit brick investment property in Cleveland's desirable North Collinwood neighborhood featuring fully remodeled units updated within the last few years. Each spacious unit offers modern kitchens with updated cabinetry and appliances, renovated baths, neutral finishes, and durable flooring throughout, providing low-maintenance ownership and strong tenant appeal. Current rents include $4900 monthly gross income with one recently vacated unit projected at $1,225/month, offering immediate upside and excellent cash-flow potential. Operating for current owner self managed at nearly 9% ROI! Solid brick construction, updated mechanicals, and consistent interior condition make this a true plug-and-play asset for investors, while also presenting a strong opportunity for an owner-occupant to offset their mortgage with rental income. Prime location near Lake Erie, Waterloo Arts District, downtown access, and major highways supports continued rental demand and long-term value. Showings for Unit 1 until occupied & basement only. Other units available to show upon contract.

Property Features

Local Schools