Listed By
Agency Name: Keller Williams Citywide
Agency Contact: madisontimoteo@kw.com, 216-242-7025
Shown By
Agent Name: Anestis Kalagidis
Agent Phone: Cell: (614) 395-6377
Agency Title: Cutler Real Estate
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Property Description
Rare opportunity for an owner-occupant or investor in the heart of Old Brooklyn! With one unit currently vacant and move-in ready, this all-brick four-unit property offers the chance to live in one unit while rental income from the remaining apartments helps offset monthly housing costs, or add a strong multi-family asset to your portfolio. The property features four spacious 2-bedroom, 1-bath units, each offering a dedicated dining area, private porch access, and separate rear exterior entry. Three units are currently occupied, with rents at $900, $900, and $1,050 per month, providing immediate income and future upside potential. Comparable two-bedroom rentals in the area commonly lease for approximately $1,100 to $1,200 per month, presenting an opportunity for increased cash flow over time. Additional amenities include a shared laundry area, private storage lockers for each unit, and a rare four-car garage with one dedicated space per unit. Whether you're looking to reduce your housing costs through rental income, grow your investment portfolio, or take advantage of a true live-in-one, rent-the-rest opportunity, this versatile property offers flexibility and long-term potential in a proven rental market.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Unfinished
Cooling: Ceiling Fan(s), Window Unit(s)
Garage: 4
Heating: Forced Air, Radiator(s)
Lot Size: 0.17 Acres
Roof Type: Flat
Stories: 2.0
Taxes: $11,325 / year
Year Built: 1925
Feature Descriptions
Appliances: Microwave, Range, Refrigerator
Exterior: Brick
Laundry: In Basement, Multiple Locations
Parcel#: 012-16-021
Parking: Assigned, Detached, Garage
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
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Estimated Payment
$ 2,951.34 per month $1,899.70 Principal & Interest $943.75 Property Tax $107.89 Homeowner's InsuranceChange Payment Information
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4764 Pearl Road | MLS# 5212106
This multi-family property located at 4764 Pearl Road, Cleveland, OH 44109 is currently listed for sale with an asking price of $369,900. Pearl Road is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.neskalagidis.com today.