

Listed by Berkshire Hathaway HomeServices Professional Realty Cleveland
$485,000
14620 Lake Shore Blvd
Details
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 4
Cap Rate 8.43%
Year Built 1925
Acreage 0.100
Turnkey 4-unit brick Cleveland investment near Lake Erie with strong cash flow
Marketing description
Turnkey four-unit brick investment property in Cleveland’s desirable North Collinwood neighborhood featuring fully
remodeled units updated within the last few years. Each spacious unit offers modern kitchens with updated cabinetry and
appliances, renovated baths, neutral finishes, and durable flooring throughout, providing low-maintenance ownership and
strong tenant appeal. Current rents include two units at $1,200/month, one at $1,175/month, with one vacant unit
projected at $1,225/month, offering immediate upside and excellent cash-flow potential. Solid brick construction,
updated mechanicals, and consistent interior condition make this a true plug-and-play asset for investors, while also
presenting a strong opportunity for an owner-occupant to offset their mortgage with rental income. Prime location near
Lake Erie, Waterloo Arts District, downtown access, and major highways supports continued rental demand and long-term
value. Showings start Monday Feb 23 Unit 1 & basement only. Other units available to show upon contract.
Listing Contacts


Listed by Berkshire Hathaway HomeServices Professional Realty Cleveland
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