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About This Home

This 6-bedroom, 2-bathroom residential multi family at 987 E 78th Street in Cleveland, OH is listed for $75,000 ($42 per sqft). Built in 1900, the home offers 1,792 sqft of living space on a 0.15 acres lot.

Agent Description

Investment Opportunity - High Cash Flow Rental Property Discover a strong income-producing opportunity with this versatile property currently operating with six rented bedrooms at $125/week each, generating approximately $3,000/month in rental income.

Ideal for investors seeking immediate returns, this property offers steady occupancy and flexible potential for future use. Conveniently located near local amenities, the home provides tenants with comfortable living spaces and shared access to common areas.

With reliable weekly rents already in place, new owners can step into a proven income stream from day one. Buyer to perform their own due diligence regarding zoning, permitted use, and any potential modifications. Thank you for your interest-this is a great chance to expand your investment portfolio with a property designed for consistent performance!

Key Features

  • Built in 1900
  • 0.15 acre lot
  • 3 stories

Property Details

3 stories
2 full
1900

Amenities

A/C

Monthly Cost Estimate

$401/mo

20% down · 6.5% · 30 years

Principal$54
Interest$325
Insurance$22

Estimates only. Actual payments may vary.

Location

987 E 78th Street

Cleveland, OH 44103

Features & Amenities

Exterior Features

Awnings

Property Details

Construction

ShakeSiding

Parking

On Street

Heating

Natural GasForced Air

Cooling

Wall Unit(s)

Questions & Answers

This 6-bedroom, 2-bathroom residential multi family at 987 E 78th Street is listed at $75,000 ($42/sqft). The estimated monthly payment is $325 based on 20% down at 6.5% interest.

Key features include: Built in 1900, 0.15 acre lot, 3 stories. Exterior Features: Awnings.

This property is listed by Lauren Patrick and can be reached at 3305773546 or lpsoldit@gmail.com.

LP

Lauren Patrick

Agent at Vincent Patrick Realty

(330) 577-3546

Listed by Vincent Patrick Realty · View on Broker Site

MLS# 5169937· Source: listhub· Updated 168 days ago

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987 E 78th Street, Cleveland, OH 44103

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