Strong investment opportunity with immediate cash flow and high value-add potential. This fully occupied property at 3799 E 54th features in-place tenants paying $1,350 per month, providing stable, consistent income from day one. Tenants are responsible for all utilities, helping keep operating expenses low and improving overall returns. The property offers clear upside through a partially finished third floor, creating the opportunity to add a third bedroom to the upper unit and significantly increase rental income and overall property value. With strong rental demand in the area, this presents an ideal scenario for both cash flow and appreciation. Conveniently located near major highways, shopping, and local amenities, this is a solid addition to any portfolio. Ideal for investors seeking a performing asset with built-in upside and minimal operational complexity. Professional property management resources are available for out of state investors, including leasing coordination, marketing support, tenant communication, maintenance, and repair resources. For buyers looking to grow their Cleveland rental portfolio or acquire an income-producing asset with cash flow already in place, this property is positioned to offer a more streamlined ownership experience for out-of-state investors. Financials and leases available upon request. Schedule your showing today.
Based on the average sale price from the Youngstown, OH office
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
3799 E 54th Street Cleveland, OH is a Single Family Home for sale at $109900 and a lot size of 0.0804 Acres Acre(s). 3799 E 54th Street Cleveland has 4 bedrooms, 2 baths and was built in 1910. The property's zip code is 44105 which is in Cleveland, OH
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.