10304 Shale Avenue is a $220,000, 3,424 square foot, 8 bedroom, 4.0 bath home on a 0.14 acre lot located in Cleveland, OH.
Investors looking for cash-flowing properties check out this 4-unit!! Not only does this property have much to offer, but it is located where A LOT of new development and construction is happening, with several new single family homes being completed on this block. This property offers 2 duplexes on one property. This 4-unit is 50% occupied and generates over $2800 each month, or approximately $34K annually, when fully occupied. So, whether you are using the 1% Rule or want to achieve a 10-CAP, this property is a great investment option! The sewer line from the rear property to the front has recently been replaced. Property management is in place and could be continued so that all you need to do is collect $. Both top units are currently vacant and being made rent-ready with painting and minor repairs and cleaning being completed. Seller-financing is NOT an option.
| Above Grade Sqft | 3,424 |
| # Full Bath | 4 |
| Basement | BasementYN |
| Interior Features | Common Area |
| Cooling Types | None |
| Heating Types | Forced Air Gas HeatingYN |
| Exterior Features | Paved Driveway Possession - DeliveryOfDeed |
| Roof | Asphalt Fiberglass |
| Construction Types | Wood Siding |
| Water Source | Public |
| Sewer | Public Sewer |
| Attribution Contact | (216) 839-5500 klrw297@kw.com |
| Property Type | Residential |
| Property Sub Type | Quadruplex |
| Architectural Style | Acreage |
| Year Built | 1900 |
| HOA Fee | $0.00 |
| Taxes | $4,190.00 |
| County | cuyahoga |
| School District | cleveland municipal |
| Neighborhood | Bigelow |
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11/28/2023 at 07:12pm MST.
