Listed By
Agency Name: Keller Williams Citywide
Agency Contact: madisontimoteo@kw.com, 216-242-7025
Shown By
Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575
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Exceptional Quadruplex Opportunity in Old Brooklyn Ideal for Owner-Occupants or Investors! Solid brick 4-unit property featuring four spacious 2-bedroom, 1-bath units with functional layouts and dedicated dining areas. With two units currently vacant, this is a rare opportunity for an owner-occupant to move right in and offset their mortgage, or for an investor to lease up and maximize returns. Current rents are $900/month in the occupied units, while comparable 2-bedroom units in the area lease for approximately $950$1,100/month. With two units ready for immediate occupancy, a new owner has the opportunity to achieve projected gross monthly income approaching $4,000 at full occupancy. Each unit includes a refrigerator and stove, private porch space, and exterior rear access. The lower level offers shared laundry and individual storage lockers for added tenant convenience. A 4-car garage provides one space per unit plus additional storage?an increasingly rare and valuable amenity. Located in Cleveland's desirable Old Brooklyn neighborhood, the property offers strong rental demand with easy access to downtown, major highways, shopping, dining, and parks. Whether you're looking to house hack or expand your portfolio, this property combines durable construction, practical layouts, and clear income potential.
Source: US Census Bureau
Estimated Payment
$ 2,882.75 per month $1,829.63 Principal & Interest $943.75 Property Tax $109.38 Homeowner's Insurance
4764 Pearl Road | MLS# 5180888
This multi-family property located at 4764 Pearl Road, Cleveland, OH 44109 is currently listed for sale with an asking price of $375,000. Pearl Road is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on 2535searsroad.cutlerhomes.com today.