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About This Home
This 8-bedroom, 4-bathroom residential multi family at 14104 Aspinwall Avenue in Cleveland, OH is listed for $249,000. Built in 1920, on a 0.11 acres lot.
Investor Opportunity, Strong Cash Flow, Major Capital Improvement Completed Turnkey income-producing property with excellent cash flow fundamentals. Currently 75% occupied with a scheduled lease signing at $1,300/month, bringing projected gross rents to $3,600 per month once fully stabilized.
This property features: Long-term tenants in place Well-maintained units in solid condition Hardwood flooring throughout Regular paint updates during tenant turns Low exterior maintenance profile Major Value Add: Aspinwall boasts a brand-new $45,000 roof (installed just one year ago) a significant capital improvement that reduces near-term expense risk and increases investor confidence.
Ideal for: Buy and hold investors seeking stabilized cash flow Portfolio expansion in a strong rental corridor Investors looking for minimal immediate CapEx exposure With strong in-place income and upside through full stabilization, this is a dependable addition to any Cleveland rental portfolio.
Key Features
- Built in 1920
- 0.11 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$1,332/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
14104 Aspinwall Avenue
Cleveland, OH 44110
Harrist E Taylors Allotment
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 8-bedroom, 4-bathroom residential multi family at 14104 Aspinwall Avenue is listed at $249,000. The estimated monthly payment is $1,079 based on 20% down at 6.5% interest.
Key features include: Built in 1920, 0.11 acre lot, 2 stories.
This property is listed by Muhammed Sulieman and can be reached at 2164565137 or Muhammed@Lakestonecleveland.com.
