14620 Lake Shore Boulevard, Cleveland, OH 44110
Local realty services provided by:Better Homes and Gardens Real Estate Central
Listed by: seth b task
Office: berkshire hathaway homeservices professional realty
MLS#:5186008
Source:OH_NORMLS
Price summary
- Price:$485,000
- Price per sq. ft.:$108.74
About this home
Turnkey four-unit brick investment property in Cleveland’s desirable North Collinwood neighborhood featuring fully remodeled units updated within the last few years. Each spacious unit offers modern kitchens with updated cabinetry and appliances, renovated baths, neutral finishes, and durable flooring throughout, providing low-maintenance ownership and strong tenant appeal. Current rents include $4900 monthly gross income with one recently vacated unit projected at $1,225/month, offering immediate upside and excellent cash-flow potential. Operating for current owner self managed at nearly 9% ROI! Solid brick construction, updated mechanicals, and consistent interior condition make this a true plug-and-play asset for investors, while also presenting a strong opportunity for an owner-occupant to offset their mortgage with rental income. Prime location near Lake Erie, Waterloo Arts District, downtown access, and major highways supports continued rental demand and long-term value. Showings for Unit 1 until occupied & basement only. Other units available to show upon contract....
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Home facts
- Year built:1925
- Listing ID #:5186008
- Added:43 day(s) ago
- Updated:March 29, 2026 at 09:39 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Full bathrooms:4
- Basement:Yes
- Basement Description:Unfinished
- Living area:4,460 sq. ft.
Heating and cooling
- Heating:Electric
Structure and exterior
- Roof:Asphalt
- Year built:1925
- Building area:4,460 sq. ft.
- Lot area:0.1 Acres
- Construction Materials:Brick
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$485,000
- Price per sq. ft.:$108.74
- Tax amount:$9,000 (2025)
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