1905 Fulton Rd Cleveland, OH 44113
1-Unit Condo, 8.86% Cap Rate, High Occupancy
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- Stabilized multifamily investment opportunity in desirable Ohio City, Cleveland.
- 977 sq ft, 2-bedroom condo with recent renovations (2021), including updated kitchen and bathroom.
- Currently leased at $1,550/month through June 1, 2025, with exceptional tenant retention.
- Strong 8.86% cap rate, $18,600 NOI, and $210,000 asking price ($214.94/sq ft).
Property Details for 1905 Fulton Rd
- Property type
- Residential income homes
- Square Feet
- 977 SF
- Year Built/Renovated
- 1914/2021
- Buildings
- 1
- Stories
- 4
- Lot Size (sq. ft)
- 44 SF
- Units
- 1
Location Insight
- City
- Cleveland
- County
- Cuyahoga
- State
- Ohio
- Latitude
- 41.48276850363
- Longitude
- -81.710579056702
Nearby Similar for Sale
FAQs
- What type of property is this?
- Residential income home - 1-Unit Condo, 8.86% Cap Rate, High Occupancy
- Where is the residential income home located?
- The property is located at 1905 Fulton Rd Cleveland, OH.
- What is the asking price?
- The asking price for this property is $210,000.
- What are key features of this property?
- This property features: Stabilized multifamily investment opportunity in desirable Ohio City, Cleveland.; 977 sq ft, 2-bedroom condo with recent renovations (2021), including updated kitchen and bathroom.; Currently leased at $1,550/month through June 1, 2025, with exceptional tenant retention.
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