About This Home

This 4-bedroom, 2-bathroom multi-family at 12816 Soika Avenue in Cleveland, OH is listed for $114,900. Built in 1925, on a 0.11 acres lot.

Key Features

  • Built in 1925
  • 0.11 acre lot
  • 2 stories

Property Details

2 stories
2 full
2-car garage
1925
Listing Description

Fully occupied two-family property featuring a total of 4 bedrooms and 2 bathrooms. Both units are rented to long-term, reliable tenants on month-to-month leases, providing immediate cash flow with room to increase rental income (current medium value $1,140, market potential up to $1,813).

Located in a stable rental area, this property offers tons of opportunity for investors seeking to expand their portfolio with a proven income-producing asset. Hot water tank is 4 years old and the furnace was replaced 7 years ago. Strong rental demand and flexible lease terms make this a smart buy-and-hold or value-add opportunity!

Monthly Cost Estimate

$615/mo

20% down · 6.5% · 30 years

Principal$83
Interest$498
Insurance$34

Estimates only. Actual payments may vary.

Location

12816 Soika Avenue

Cleveland, OH 44120

Parkhill

Property Details

Construction

Asphalt

Parking

Driveway

Heating

Forced Air

Questions & Answers

This 4-bedroom, 2-bathroom multi-family at 12816 Soika Avenue is listed at $114,900. The estimated monthly payment is $615 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1925, 0.11 acre lot, 2 stories.

This property is listed by Vernard Jones.

VJ

Vernard Jones

License 2019004800

Agent at EXP Realty

Listed by EXP Realty · Broker phone: (866) 212-4991 · View on Broker Site · Broker website

MLS# 5241162· Source: MLS Now· 57 days on PropertySimple

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12816 Soika Avenue, Cleveland, OH 44120

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