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  • $432,000

    1434 W 112th St, Cleveland, OH 44102

    8beds
    3,712sqft
    Quadruplex, Multi Family
    Built in 1907
    -- sqft lot
    $432,800 Zestimate®
    $116/sqft
    $-- HOA

    What's special

    **Turnkey Investment Opportunity: Prime 4-Plex Near Edgewater Neighborhood** Discover an exceptional investment opportunity in a desirable location, just a stone's throw from Lakewood and downtown. This well- maintained 4-plex boasts significant updates and fantastic cash flow potential and is ***Lead Base Paint Certified*** Property Highlights: *New Roof (2023):* A recent roof replacement ensures peace of mind for years to come. **Renovated Top Two Units:** These units have been completely remodeled from the studs up, featuring: New flooring. Updated plumbing. Modern kitchens and bathrooms. New wiring throughout**Bottom Units: *Unit 1:* Fully updated with a new kitchen, bathroom, and flooring. *Unit 2:* Showcases original hardwood floors in excellent condition. While it hasn’t received the same kitchen and bathroom updates, it has new wiring and minor repairs, making it a charming option for tenants. *Utilities:* Each unit is equipped with new CENTRAL AC units and 12-year water heaters, enhancing comfort and efficiency.*Structural Integrity:* Addressing previous concerns, new beams in the basement. A sump pump and drainage system have also been installed for added protection. **Occupancy:** This property is fully occupied with self-paying tenants, providing immediate cash flow.**Investment Details:** **Cap Rate:** This property boasts an impressive 10% cap rate, making it an attractive investment for savvy buyers. Don’t miss out on this opportunity to own a well-maintained, income-producing property in a thriving neighborhood! This property is lead-based paint certified. Contact us today for more information. Showings will only be allowed after we receive an acceptable offer in hand as to not to disturb the tenants.

    Zillow last checked: 7 hours ago

    Listing updated: April 24, 2025 at 12:04pm

    Listing Provided by:

    Gregory Erlanger Info@EZSalesTeam.com216-916-7778,

    Keller Williams Citywide

    Bought with:

    Jack Krusinski, 2021004622

    RE/MAX Above & Beyond

    Source: MLS Now,MLS#: 5098396MLS LogoOriginating MLS: Akron Cleveland Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Forced Air, Gas
    Cooling
    • Central Air
    Features
    • Basement: Full
    Interior area
    • Total structure area: 3,712
    • Total interior livable area: 3,712 sqft
    • Finished area above ground: 3,712

    Property

    Parking
    • Parking features: Unpaved
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 5,318 sqft
    Details
    • Parcel number: 00124025
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex, Multi Family
    Materials
    • Wood Siding
    • Roof: Other
    Condition
    • Year built: 1907

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Cleveland
    • Subdivision: Schilling
    Services availability
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    Estimated market value

    $432,800