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About This Home
This 7-bedroom, 3-bathroom residential multi family at 957 Parkway Road in Cleveland, OH is listed for $165,000 ($39 per sqft). Built in 1900, the home offers 4,265 sqft of living space on a 0.11 acres lot.
ATTENTION INVESTORS! Turnkey, income-producing property generating strong and consistent cash flow with immediate upside potential. This well-kept asset features three units currently rented at $875, $700, and $677 per month (not section 8), bringing in solid monthly income from day one.
The interior of the property has been maintained and offers functional layouts that continue to attract and retain tenants. While the property is performing well, there are minor exterior repairs needed-providing an opportunity for a value-add investor to increase curb appeal and further enhance long-term appreciation.
Overall, this is a great opportunity to secure a stabilized investment with reliable tenants already in place, while still leaving room to improve and increase value. Showings after accepted offer only. Do not disturb tenants. No wholesalers. No owner financing. Qualified buyers only.
Key Features
- Built in 1900
- 0.11 acre lot
- 3 stories
Property Details
Monthly Cost Estimate
$882/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
957 Parkway Road
Cleveland, OH 44108
Adams Realty
Property Details
Construction
Parking
Heating
Questions & Answers
This 7-bedroom, 3-bathroom residential multi family at 957 Parkway Road is listed at $165,000 ($39/sqft). The estimated monthly payment is $715 based on 20% down at 6.5% interest.
Key features include: Built in 1900, 0.11 acre lot, 3 stories.
This property is listed by Christopher A Frederick and can be reached at 2162107653 or thefrederickteam@gmail.com.