Listed by Tal Tamir of Russell Real Estate Services (tal@premierclevelandinvesting.com 216-870-8687)
Turnkey 5-Unit Investment Portfolio - Fully Renovated and Section 8 Ready! This exceptional portfolio features three single-family homes and one duplex, all fully updated with new or refinished flooring, fresh paint, and upgraded kitchens and baths. Currently CMHA-primed, 1263 E 112th (4 bed, 2 bath) is already rented at $1,309/month, with the tenant covering all utilities. A RFTA is in progress for 12327 Phillips (4 bed, 1 bath), anticipated to rent for $1,400/month, tenant also paying all utilities. The remaining properties include 1005 E 130th (4/2 duplex) and 831 E 95th (4/1 single-family), with tenants covering all utilities except water at the duplex. Once fully rented through CMHA, this hands-free portfolio is projected to deliver near 20% cash-on-cash returns. Donā€™t miss this rare, cash-flowing investment opportunity!

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Based on information submitted to MLS Now as of January 22, 2025 4:00 PM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. Listing information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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