Views
Address
6911 Franklin Boulevard Cleveland, OH
Price
$ 495,000
Property Attributes
  • MLS#4328969
  • TypeMulti-Family
  • CountyCUYAHOGA
  • CityCleveland
  • AreaCle Between West Blvd & Cuy River
  • NeighborhoodDetroit Shoreway
  • Zip44102
  • StyleQuadruplex
  • Year Built1892
  • Taxes$ 4087
  • Price$ 495,000
  • Bedrooms6
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3976
  • Lot Size5,802 SqFt
Listing Provided Courtesy Of:
chris Schlenkerman with RE/MAX Crossroads Properties
Data Source:
MLSNow
Property Description

Detroit-Shoreway four-plex income property with great apartment units near the Gordon Square Arts District! Many updates and an excellent rental history make this investment property an exceptional value. First floor units are flats with one bedroom, one bath floor plans and access to a basement space while the upper level units are two bedroom, one bath townhome style floor plans. The property offers off-street parking including a 2-car garage (key to higher rents and less vacancy time). Some units are near market rate while some have long-term tenants with low rents; most tenants are month-to-month. The projected monthly income could be $5k without doing much. Units have separate utilities (gas/electric), all appliances are included plus coin laundry. Windows, roof, mechanicals and systems replaced/ updated over the past 10 years. An attractive property, good investment, fantastic location. Located 3.5 miles from downtown CLE (8 minute ride), 1.5 miles to the W25th corridor of destinations, 1.0 miles to Edgewater State Park and Beach (6 minute bike ride), just a 1/3 mile to Gordon Square Arts District with shoppes, theaters, eateries, pubs and all sorts of cool places! This property is close to many destinations. Limited showings, some units available to view only with written offers. Inquire for details of rental terms and additional operational expenses.

Price History
11/2/2021 Listed $495,000

General Features

Appliances Dryer, Range, Refrigerator, Washer
Basement Common Basement
Construction Materials Wood Siding
Cooling Other, Wall Unit(s)
Elementary School District Cleveland Municipal
Exterior Features Paved Driveway
Garage Spaces 2
Garage Y/N Yes
Heating Forced Air, Gas
High School District Cleveland Municipal
Listing Agent State License 2003005232
MLS Area Cle Between West Blvd & Cuy River
Middle/Junior School District Cleveland Municipal
Property Sub Type Additional Quadruplex, Multi Family
Property SubType Quadruplex
Property Type Residential
Roof Asphalt, Fiberglass
Sewer Public Sewer
Status Active
Stories 3
Subdivision Name Detroit Shoreway
Total Units 2
Township Gordon Square
Virtual Tour https://www.propertypanorama.com/6911-Franklin-Blvd-Cleveland-OH-44102/unbranded

Interior Features

Above Grade Finished Area 3976
Above Grade Finished Area Source Realist
Air Conditioning Y/N Yes
Full Baths 4
Heating Y/N Yes
Laundry Features Common Area
Living Area 3976
Total Baths 4
Total Bedrooms 6

Exterior Features

Lot Size Acres 0.1332
Lot Size Area 0.13
Lot Size Units Acres
Number of Buildings 1
Parking Features Detached, Garage, Parking Lot
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 44102

Price
AVG $180K
$500K
Taxes
AVG $3,556
$4,087
Visits
AVG 70
141
Year Built
AVG 1906
1892
Walkscore
AVG 68
83
Data Provided by Walkscore ® not using MLS data

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