Courtesy of: William Eilf, KW Cleveland, experiencetennessee@gmail.com
Courtesy of: William Eilf, KW Cleveland, experiencetennessee@gmail.com
$245,000
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4.00 Bath (4 Full)
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Single Family Residence
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$245,000
1600/1610 Chippewa Avenue SE Multi-building 4 unit portfolio -- Downtown Cleveland, TN. Corner lot - Recent renovations throughout. - $2, 130/month total in place for 3 units (4th unit being rehabbed, to be rented for $1, 100/month). This is the kind of deal investors look for: already leased, recently renovated multi-building property in the heart of Downtown Cleveland generating monthly rental income from day one. No lease-up risk, just stabilized cash flow in a market that continues to grow. The property sits on a corner lot with full city utilities -- water, sewer, and electric. Downtown Cleveland's trajectory, combined with the property's walk-to-everything location near shopping, dining, the Greenway, and public services, gives a future owner real room to grow rents as the market matures. Whether you're building a portfolio or adding a low-maintenance income property to an existing one, this checks the boxes.
Courtesy of: William Eilf, KW Cleveland, experiencetennessee@gmail.com
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