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About This Home
This 6-bedroom, 2-bathroom residential multi family at 6723 Clement Avenue in Cleveland, OH is listed for $180,000 ($75 per sqft). Built in 1910, the home offers 2,396 sqft of living space on a 0.09 acres lot.
Turnkey investment opportunity with immediate cash flow and serious upside potential! This fully rehabbed multi-family property features two spacious units, each offering 3 bedrooms and 1 full bathrooms-an extremely rare and desirable layout for both tenants and owner-occupants.
The lower unit is currently rented at $979/month, while the upper unit-rented at $1,150/month giving the next owner flexibility to Based on current CMHA fair market rent, 3-bedroom units are projected at up to $1,720/month, leaving significant room to increase income and boost overall returns.
Whether you're an investor looking to expand your portfolio or a buyer interested in house hacking, this property offers the perfect setup-live in one unit while the other helps cover your mortgage. The property has been completely rehabbed with newer mechanics, plumbing, and electrical, providing peace of mind and minimizing immediate capital expenses. Don't miss this opportunity to secure a cash-flowing asset with built-in equity and rental upside!
Key Features
- Built in 1910
- 0.09 acre lot
- 3 stories
Property Details
Monthly Cost Estimate
$963/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
6723 Clement Avenue
Cleveland, OH 44105
Morison & Andrews Allotment
Property Details
Construction
Parking
Heating
Questions & Answers
This 6-bedroom, 2-bathroom residential multi family at 6723 Clement Avenue is listed at $180,000 ($75/sqft). The estimated monthly payment is $780 based on 20% down at 6.5% interest.
Key features include: Built in 1910, 0.09 acre lot, 3 stories.
This property is listed by Alexys Jones and can be reached at 4406945551 or alexysjones@kw.com.