5 unit - $4837 incom 3 Properties Offered at $349,000 in Cleveland, OH

Three Income-Generating Properties in Cleveland, OH
Property Overview
A rare opportunity to purchase three fully renovated and income-generating properties in Cleveland, Ohio. These properties have been completely updated within the last 18 months and are currently fully occupied, generating nearly $5,000 in monthly rental income.
This portfolio consists of a total of five rental units across three properties, including a single-family home, a three-unit house, and another single-family residence. The properties offer turnkey investments with long-term tenants in place, making them an ideal addition to any investor’s portfolio.
Property Details
1. 686 East 118th Street, Cleveland, OH
• Type: Multi-Family
• Units: 3
2. 749 East 131st Street, Cleveland, OH
• Type: Single-Family
• Units: 1
3. 2827 East 119th Street, Cleveland, OH
• Type: Single-Family
• Units: 1
Investment Highlights
• Income Potential: Collectively generating close to $5,000 in monthly rental income.
• Renovations: All properties were completely renovated within the past 18 months, minimizing maintenance costs and ensuring long-term durability.
• Occupancy: Fully occupied with reliable tenants in place.
• Turnkey Investment: No additional work needed; these properties are ready to continue generating income.
• Location: Situated in Cleveland, OH, a growing market with strong rental demand.
Why Invest in Cleveland?
Cleveland’s real estate market continues to attract investors due to its affordable property values, strong rental demand, and a steady appreciation of assets. These properties are ideally located in neighborhoods with easy access to public transportation, schools, and local amenities.