Strong performing 8-unit apartment building in Cleveland's desirable 44111 area, offering reliable cash flow and clear value-add potential. The property currently produces $7,030 in gross monthly income, with several units and operational efficiencies presenting opportunities for increased rents and improved NOI.
The building features a mix of well-maintained units, stable long-term tenants, and consistent occupancy. Solid mechanicals and straightforward management make this an attractive addition to any multifamily portfolio. Located near West Park amenities, public transit, retail corridors, and major commuter routes, this property appeals to renters seeking convenience and affordability.
Highlights:
8-unit multifamily investment property
$7,030 gross monthly income with upside for rent increases and improvements
Strong tenant base and steady occupancy
Value-add potential through cosmetic updates and operational optimization
Convenient Cleveland 44111 location near transit, shopping, and employment centers
