Debbie Ramey
BEDS12
BATHS4 full
MLS#5210089
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLCleveland Municipal - 1809
Property Description
Turnkey investment opportunity! This massive fully renovated 4-unit townhomes style offers a total of 12 bedrooms and 4 bathrooms, with each unit featuring 3 spacious bedrooms and 1 full bath. Renovated in 2025 with newer electrical, plumbing, windows, water heaters, furnaces, light fixtures, and fresh paint throughout. All units are currently tenant-occupied with 1-year leases in place, generating over $5,000 per month (60k annually)in rental income, providing immediate cash flow. Conveniently located near major bus lines, grocery stores, and highways in a strong rental area. All 4 units have been provided kitchen appliances, including stove, and refrigerator by owner. Ideal for both new and seasoned investors looking for a high-performing, low-maintenance asset. Don't miss this rare opportunity! NO SELLER FINANCING. Please do not disturb tenants. Interior showings granted after offer is submitted. Seller and agent have a disclosed relationship.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: Ceiling Fan(s), None
Heating: Gas
Lot Size: 0.21 Acres
Roof Type: Flat
Stories: 2.0
Taxes: $5,913 / year
Year Built: 1910
Feature Descriptions
Exterior: Brick
Parcel#: 133-18-015
Parking: On Street
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
Listed By / Shown By
Listed By
Agency Name: Century 21 Homestar
Agency Contact: 330-990-3744, michael@themagnogroup.com
Shown By
Agent Name: Debbie Ramey
Agent Phone: (419) 572-6555
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 2,846.31 per month $2,236.93 Principal & Interest $492.75 Property Tax $116.64 Homeowner's InsuranceChange Payment Information
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7112 Ottawa Road | MLS# 5210089
This multi-family property located at 7112 Ottawa Road, Cleveland, OH 44105 is currently listed for sale with an asking price of $399,900. Ottawa Road is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on deborahramey.ikeyrealty.com today.