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About This Home
This 4-bedroom, 3-bathroom residential multi family at 11117 Melba Avenue in Cleveland, OH is listed for $155,000 ($56 per sqft). Built in 1924, the home offers 2,772 sqft of living space on a 0.11 acres lot.
This is the investment property you've been searching for, bringing in an impressive $2,375 per month in rent- WOWWW!!! This cash cow is an opportunity you don't want to miss! Priced competitively and generating strong rental income, this property is perfect for both new and seasoned investors.
In 2024, the entire home was updated from top to bottom, inside and out, featuring newer floors, newer kitchens, and newer bathrooms throughout. The layout includes a downstairs unit with two bedrooms and one bath, an upstairs unit with two bedrooms and one bath, and an attic studio with a full bathroom and open living area, ideal for maximizing rental income.
Additionally, the property offers a two-car garage and a full basement, perfect for extra storage or added value. This is truly an investor's dream, fully updated, fully rented, and cash-flowing from day one of your purchase!
Key Features
- Built in 1924
- 0.11 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$829/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
11117 Melba Avenue
Cleveland, OH 44104
Blvdhts
Property Details
Construction
Parking
Heating
Questions & Answers
This 4-bedroom, 3-bathroom residential multi family at 11117 Melba Avenue is listed at $155,000 ($56/sqft). The estimated monthly payment is $672 based on 20% down at 6.5% interest.
Key features include: Built in 1924, 0.11 acre lot, 2 stories.
This property is listed by Angie Lopez and can be reached at 2168554477 or angie.lopez@kw.com.
