13605 Othello AVE Pending

Cleveland,OH 44110

$ 249900

8 Beds

4 Baths

4188 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 4,188 sqft

Price per Sqft $59

Subdivision Wick

MLS Listing ID 5081434

Bedrooms 8

Full Baths 4

HOA Y/N No

Abv Grd Liv Area 4,188

Year Built 1915

Annual Tax Amount $3,790

Tax Year 2023

Lot Size 5,623 Sqft

Acres 0.1291

Property Description

This large, multi-family property is a solid way to build your rental portfolio! With over 4,000 sqft of total living space, this property consists of 4 units and is currently fully occupied! Each unit has 2 bedrooms and 1 full bathroom! Unit 1 is currently renting with a long-term tenant (2019) for $735 per month with a lease that expires 8/31/25. Unit 2 is currently renting with a long-term tenant (2022) for $925 per month on a month-to-month lease. Unit 3 is currently renting with a long-term tenant (2022) for $725 per month with a lease that expires 12/31/24. Unit 4 is currently renting for $795 per month with a lease that expires 3/31/25. 3 of the units have been recently renovated! Each unit offers a living room & dining room as well as a large, eat-in-kitchen and beautiful fireplace in the living room! There is a rear common area leading to the basement. The basement is split in 2 providing two sets of utilities and mechanicals. Each unit has its own furnace, how water tank, and electrical panel. Several of the furnaces and hot water tanks are newer! Outside you will find a recently repaired roof (2024), completely new driveway, parking lot and service walk! With easy highway access, this is near food, shopping and public transit! Don't miss out on this solid opportunity with this fully occupied multi-family property! Reach out to learn more!

Location

State OH

County Cuyahoga

Rooms

Basement Full

Interior

Heating Forced Air

Cooling None

Fireplace No

Laundry Common Area,In Basement

Exterior

Garage Driveway,Paved

Waterfront No

Water Access Desc Public

Roof Type Composition

Parking Type Driveway,Paved

Private Pool No

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 112-01-003

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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