About This Home
This 6-bedroom, 3-bathroom multi-family at 15910 Arcade Avenue in Cleveland, OH is listed for $129,900 ($50 per sqft). Built in 1920, the home offers 2,574 sqft of living space on a 0.16 acres lot.
Key Features
- Built in 1920
- 0.16 acre lot
- 2 stories
Property Details
Unique Income-Producing Opportunity! This rare property features two separate detached homes on one parcel, each offering 3 bedrooms and 1 full bathroom. County records classify the property as a two-family residence; however, the homes are separate structures sharing one parcel, a shared driveway, and a single public water/sewer meter.
The front home is occupied by a reliable long-term tenant of approximately 24 years, providing immediate rental income. Please do not disturb the tenant. The rear home is vacant and offers endless possibilities for an owner-occupant, additional rental income, or extended family living.
This unique property is ideal for investors seeking stable cash flow, buyers looking to live in one home while renting the other to help offset their mortgage, or multi-generational families who desire separate homes while remaining on the same property. The homes cannot be split or sold separately, as they are situated on a single parcel and share one public water and sewer service/meter. Shared driveway. No garage. Showings are by appointment only. Please do not walk the property or disturb the tenant.
Monthly Cost Estimate
$695/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
15910 Arcade Avenue
Cleveland, OH 44110
W F Walworths
Property Details
Construction
Heating
Cooling
Questions & Answers
This 6-bedroom, 3-bathroom multi-family at 15910 Arcade Avenue is listed at $129,900 ($50/sqft). The estimated monthly payment is $695 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1920, 0.16 acre lot, 2 stories.
This property is listed by Joan Elflein and can be reached at 6149897215.