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About This Home
This 4-bedroom, 2-bathroom residential multi family at 3544 W 62nd Street in Cleveland, OH is listed for $229,999 ($92 per sqft). Built in 1910, the home offers 2,500 sqft of living space on a 0.09 acres lot.
Calling all investors to this fully updated, fully tenant-occupied property that is generating $2,450 per month in gross rents with two reliable tenants in place, making it a true turnkey opportunity from day one. The interior has been fully renovated with high-end luxury vinyl plank flooring throughout, updated kitchens featuring soft-close white shaker cabinets and granite countertops, and fully remodeled bathrooms with modern tile finishes.
The layout offers strong rental appeal with a 1 bed / 1 bath down unit with in-unit washer and dryer hookup currently rented at $1,100 per month and a 3 bed / 1 bath up unit rented at $1,350 per month, providing a stable, low-maintenance investment with solid mechanicals and consistent income.
Major capital improvements have already been completed, including a roof, furnaces, electrical panels, vinyl siding, and vinyl windows all approximately 2 years old, along with glass block basement windows, plus one hot water tank from 2019 and a second that is just 2 years old. Schedule your showing before it is too late!
Key Features
- Built in 1910
- 0.09 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$1,230/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3544 W 62nd Street
Cleveland, OH 44102
Property Details
Construction
Parking
Heating
Questions & Answers
This 4-bedroom, 2-bathroom residential multi family at 3544 W 62nd Street is listed at $229,999 ($92/sqft). The estimated monthly payment is $997 based on 20% down at 6.5% interest.
Key features include: Built in 1910, 0.09 acre lot, 2 stories.
This property is listed by Jack Krusinski and can be reached at 2167896736 or jack@21hillrealestate.com.
