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4438 Pearl Road
Cleveland, OH 44109-4315
Asking Price
$395K
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily | 3 Units <ul><li>Three renovated units — all occupied; immediate cash flow</li><li>Basement permit-ready for 1–2 more units — value-add</li><li>New furnace (2025), new flat roof, plumbing redone</li><li>$585/mo ($7,020/yr) rent upside; appliances convey</li><li>Large adjacent parking lot (parcel #012-07-027) included at no extra cost</li></ul>
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NOI
$80,000
Cap Rate
20.25%
DSCR
3.41
Strong
Cash-on-Cash
47.72%
Monthly Payment
$1,954.244
Annual Cash Flow
$56,549.066
