Real Estate Agent James Tanner

James Tanner REALTOR®

Broker/Owner

(330) 581-8888
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3708 E 54th Street, Cleveland, OH 44105

$315,000
  • 3708 E 54th Street, Cleveland, OH 44105 Main Photo

1 Photos

Active
MLS#5232492
STATUSActive PROPERTY TYPECommercial - Business SUBDIVISIONStanley SCHOOLCleveland Municipal - 1809

Property Description

Turnkey 3-Property Portfolio | 100% Tenant-Occupied Cash Flow Opportunity! Attention Investors: Secure an immediate, hassle-free 15.9% gross yield with this strategically bundled 3-property residential portfolio located entirely within the high-demand 44105 zip code of Cleveland, OH. Offered at an unbeatable package price of $300,000, this collection is fully optimized for immediate, stable cash flow with maximum expense insulation. Every property in this package features a highly rentable, uniform 3-bedroom, 1-bathroom layout: Gross Annual Income: $47,724 (~$3,977 total monthly gross across portfolio) In-Place Tax Efficiency: 2025 annual taxes total just $3,976.80 for all three assets Net Income After Taxes: $43,747.20 pre-expense cash cushion Adjusted Portfolio Yield: A remarkable 14.58% return. 100% Tenant-Occupied: Enjoy day-one cash flow without the friction, downtime, or leasing fees of vacant turnarounds. Zero Utility Overhead: Tenants pay all their own utilities, drastically minimizing the landlord's variable expense exposure and protecting your bottom line. Streamlined Property Management: Clustered within the rental-heavy Broadway-Slavic Village submarket, this portfolio makes property maintenance and management logistics incredibly efficient.

3708 E 54th Street | MLS# 5232492

This commercial property located at 3708 E 54th Street, Cleveland, OH 44105 is currently listed for sale with an asking price of $315,000. E 54th Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on jtanner.tannerrealestate.net today.

Property Features

Property Type: Commercial - Business
Basement: Yes
Cooling: Wall/Window Unit(s)
Heating: Forced Air
Lot Size: 0.10 Acres
Taxes: $3,977 / year
Year Built: 1910

Feature Descriptions

Days on Site: 26
Parcel#: 131-35-083
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Listed By / Shown By

Listed By

Agency Name: Keller Williams Citywide
Agency Contact: aturney@kw.com, 440-444-6343

Shown By

Agent Name: James Tanner
Agent Phone: (330) 581-8888
Agency Title: Tanner Real Estate

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