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About This Home

This 4-bedroom, 2-bathroom residential multi family at 12811 Austin Avenue in Cleveland, OH is listed for $135,000. Built in 1921, on a 0.07 acres lot.

Agent Description

Fully occupied two-family property featuring a total of 4 bedrooms and 2 bathrooms. Both units are rented to long-term, reliable tenants on month-to-month leases, providing immediate cash flow with room to increase rental income (current medium value $1,140, market potential up to $1,813).

Located in a stable rental area, this property offers tons of opportunity for investors seeking to expand their portfolio with a proven income-producing asset. Hot water tank is 4 years old and the furnace is 7 years old. The rood was replaced 3 years ago. Strong rental demand and flexible lease terms make this a smart buy-and-hold or value-add opportunity!

Key Features

  • Built in 1921
  • 0.07 acre lot
  • 3 stories

Property Details

3 stories
2 full
1921

Amenities

A/C

Monthly Cost Estimate

$722/mo

20% down · 6.5% · 30 years

Principal$98
Interest$585
Insurance$39

Estimates only. Actual payments may vary.

Location

12811 Austin Avenue

Cleveland, OH 44108

Euclid View Allotment

Property Details

Construction

Asphalt

Parking

Driveway

Heating

Forced Air

Cooling

Window Unit(s)

Questions & Answers

This 4-bedroom, 2-bathroom residential multi family at 12811 Austin Avenue is listed at $135,000. The estimated monthly payment is $585 based on 20% down at 6.5% interest.

Key features include: Built in 1921, 0.07 acre lot, 3 stories.

This property is listed by Vernard Jones and can be reached at 2164662818 or jonesvernard814@gmail.com.

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VJ

Vernard Jones

Agent at CENTURY 21 Asa Cox Homes

(216) 466-2818

Listed by CENTURY 21 Asa Cox Homes · View on Broker Site

MLS# 5180135· Source: listhub· Updated 42 days ago

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12811 Austin Avenue, Cleveland, OH 44108

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