Listed By
Agency Name: Berkshire Hathaway HomeServices Professional Realty
Agency Contact: clientcare@taskteamcle.com, 216-276-1626
Shown By
Agent Name: Leah Ackerman
Agent Phone: (614) 306-5050
Agency Title: Cutler Real Estate
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Property 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 for Unit 1 & basement only. Other units available to show upon contract.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Cooling: None
Days on Market: 16
Heating: Electric
Lot Size: 0.10 Acres
Roof Type: Asphalt
Stories: 3.0
Taxes: $9,000 / year
Year Built: 1925
Feature Descriptions
Exterior: Brick
Parcel#: 112-20-005
Parking: Common, On Street
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
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Estimated Payment
$ 3,257.78 per month $2,366.32 Principal & Interest $750.00 Property Tax $141.46 Homeowner's InsuranceChange Payment Information
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14620 Lake Shore Boulevard | MLS# 5186008
This multi-family property located at 14620 Lake Shore Boulevard, Cleveland, OH 44110 is currently listed for sale with an asking price of $485,000. Lake Shore Boulevard is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.leahackerman.com today.