14620 Lake Shore Blvd, Cleveland, OH for sale

Investment Overview

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 two units at $1,200/month, one at $1,175/month, with one vacant unit projected at $1,225/month, offering immediate upside and excellent cash-flow potential. 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 start Monday Feb 23 Unit 1 & basement only. Other units available to show upon contract.