31
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$199,900
Est. payment /mo
7 Beds
4 Baths
5,201 Sqft Lot
New
6920 Hosmer AVE Cleveland, OH 44105
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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Stone Hickox Hosmer Bates Smit
MLS Listing ID 5244623
Bedrooms 7
Full Baths 4
HOA Y/N No
Year Built 1920
Annual Tax Amount $3,603
Tax Year 2025
Lot Size 5,201 Sqft
Acres 0.1194
Property Sub-Type Quadruplex
Stories Two
Story Two
Property Description
Investor opportunity in Cleveland! This four-unit multifamily property offers immediate income with two occupied units and additional upside through two vacant units ready for lease-up. Unit 1 features three bedrooms and one bathroom, while Units 2 and 3 each offer two bedrooms and one bathroom. The occupied units are currently receiving under-market rent; providing significant future income potential! Estimated rents for the vacant units range from $805-$835 for Unit 3 and $735-$795 for Unit 4. Residents are responsible for all utilities, helping reduce owner-paid operating expenses. Additional features include two garage spaces, driveway parking, an unfinished basement offering storage potential, and approximately $5,000 recently invested in exterior repairs. Conveniently located near major Cleveland roadways with access to I-77 and I-480. An excellent opportunity to acquire a four-unit property with existing income, immediate lease-up potential, and long-term value-add upside!
Location
State OH
County Cuyahoga
Rooms
Basement Apartment
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Parking Features Driveway, Detached, Garage
Garage Spaces 1.0
Garage Description 1.0
Water Access Desc Public
Roof Type Shingle
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 132-15-069
Special Listing Condition Standard
Listed by Dathan Williams • 1st Cavalry Homes Real Estate & Property Mgmt. • 234-230-2237, office@1stcavalryhomes.com
NEARBY SCHOOL & BUSINESS
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