3708 E 54th Street, Cleveland, OH 44105

$300,000

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List Price
$300,000
Status
ACTIVE
MLS#
5232492
Year Built
1910
Region
Cleveland
Township
Cleveland
Subdivision / Building
Stanley

Property Description

Turnkey 3-Property Portfolio | 100% Tenant-Occupied Cash Flow Opportunity! Attention Investors: Secure an immediate, hassle-free 15.9% gross yield with this strategically bundled 3-property residential portfolio located entirely within the high-demand 44105 zip code of Cleveland, OH. Offered at an unbeatable package price of $300,000, this collection is fully optimized for immediate, stable cash flow with maximum expense insulation. Every property in this package features a highly rentable, uniform 3-bedroom, 1-bathroom layout: Gross Annual Income: $47,724 (~$3,977 total monthly gross across portfolio) In-Place Tax Efficiency: 2025 annual taxes total just $3,976.80 for all three assets Net Income After Taxes: $43,747.20 pre-expense cash cushion Adjusted Portfolio Yield: A remarkable 14.58% return. 100% Tenant-Occupied: Enjoy day-one cash flow without the friction, downtime, or leasing fees of vacant turnarounds. Zero Utility Overhead: Tenants pay all their own utilities, drastically minimizing the landlord's variable expense exposure and protecting your bottom line. Streamlined Property Management: Clustered within the rental-heavy Broadway-Slavic Village submarket, this portfolio makes property maintenance and management logistics incredibly efficient.

Additional Information

Taxes
$3,977
Acres
0.10
Sewer
Public Sewer
Water
Public
Heating
Forced Air
Cooling
Wall/Window Unit(s)
School District
Cleveland Municipal - 1809

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Listing Courtesy of: Amanda Turney, aturney@kw.com With Keller Williams Citywide

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