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1429 West 38th Street
Cleveland, OH 44113
Asking Price
$330K
Asset Type
Multifamily
Class
Class B
What's Special
Ohio City/Hingetown Rowhouse with Lake Erie & City Views <p>Just two tenants in the past 8 years of ownership. The most-recent tenant (vacated 5/1/26) paid $1,650/mo plus utilities, could be increased. Street parking. The backyard area is separately parceled for each owner although maintenance is shared, as is use of the firepit. Attached single-family, no HOA.</p>
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NOI
$80,000
Cap Rate
24.25%
DSCR
4.08
Strong
Cash-on-Cash
61.04%
Monthly Payment
$1,632.165
Annual Cash Flow
$60,414.018
