Lake Home Sale Pending near Lake Erie - Cuyahoga County
***DO NOT DISTURB OR APPROACH ANY TENANTS***Excellent investment opportunity, this property is part of a seven-building multifamily portfolio (five duplexes and two triplexes) offered individually or as a complete package. Sellers reserve the right to allow for minimum market exposure before considering any offers. Current in place rents are over $12,000 across the portfolio. Properties are located across Cleveland and one in Cleveland Heights with 100% occupancy and strong in-place rent rolls, with room to increase rents to market levels. EMAIL for NDA to sign and details on the portfolio. Each property has separate gas & electric utilities, solid rental history, and a mix of long-term tenants, with subsidized and cash paying. Several units feature newer roofs, younger mechanicals, and updated electric panels and hot water heaters. Ideal for both seasoned investors seeking immediate cash flow and portfolio diversification, or local operators looking to add proven income-producing assets. The portfolio has in house management and maintenance willing to stay on for a new owner. All properties are current on rental registrations and lead-safe compliance. EMAIL for NDA and info. End buyers only, no wholesalers, contract assignments. No seller financing will be considered.***DO NOT DISTURB OR APPROACH ANY TENANTS***Property Details
- Beds: 6
- Baths: 2.0
- Sq Feet: 2700
- Year Built: 1920
- Location: Lake Erie - Cuyahoga County
- Acres: 0.200
- County: Cuyahoga County
- Heat/AC: Natural Gas, Forced Air
- Garage: Driveway, Garage, On Street
- Siding: VinylSiding
- Roof: Asphalt, Fiberglass
- Stories: 2
- Property Taxes: $2,509
- MLS #: 5171051
Location
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Contact Information:
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Listing Agent: Michael L Magno, KW Living, 216-236-8849, 440-318-1620 Listing Site, Listing Status: Pending
Copyright © 2025 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Ad Statistics:
| Ad Number : | 6943992 |
| Viewed: | 2 times |
| Added: | Nov 26, 2025 |
| Updated on: | Nov 26, 2025 |
| All information provided is deemed reliable but is not guaranteed and should be independently verified. | |
