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Buy & Hold (Multi Family): 6412–6414 St. Clair Ave, Cleveland, OH 44103, +$285,000

Multi Family Investment Opportunity

Price

$285,000


OFF-MARKET MIXED-USE INVESTMENT OPPORTUNITY — CLEVELAND, OH


Address: 6412–6414 St. Clair Ave, Cleveland, OH 44103

Property Type: Multi Family



Asking Price: $285,000


Attention investors. This off-market mixed-use property presents a rare opportunity to acquire a stabilized asset with immediate cash flow and additional upside.


The property consists of 4 residential units and 2 storefronts. Currently, all four apartments are rented at $650/month each, and one storefront is leased at $1,000/month. The second storefront is owner-occupied but will be delivered vacant at closing, offering an excellent opportunity to increase rental income.


With strong in-place rents and the ability to lease the vacant commercial unit, the property has the potential to generate approximately $5,000/month in total rental income.


Investment Highlights:

  • Mixed-use property (4 residential units + 2 storefronts)

  • Price: $285,000

  • 4 units rented at $650/month each

  • 1 storefront rented at $1,000/month

  • 1 storefront vacant at closing (value-add opportunity)

  • Potential gross rent: ~$5,000/month

  • Property in great condition

  • Immediate cash flow with upside potential


This opportunity is ideal for investors looking to diversify beyond single-family while still maintaining manageable unit count and strong rental demand.


Additional information available for serious buyers.

Submit All Offers To

Promiseland Realty LLC


Property Map







TEAM PROMISELAND DISCLAIMER: No one is permitted to market, advertise, or distribute this listing without express written permission or verified membership within the TEAM PROMISELAND network. Unauthorized use or sharing of this opportunity, photos, or property information will result in a $500 fine per incident, enforceable by law.


All off-market properties are sold As-Is, Where-Is. Buyer is responsible for conducting their own due diligence. Properties are conveyed via warranty deed, and Promiseland Realty LLC is selling its assignable contractual interest.


Proof of Funds is required with all offers. Earnest Money Deposit (EMD) is due within 48 hours of accepted offer. All closings are facilitated through a licensed title company or closing attorney.


Realtors & Brokers: You are welcome to bring a buyer — please add your fee on top of our asking price.



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PROMISELAND DISCLAIMER:


Promiseland Realty LLC is a nationwide real estate consulting firm specializing in off-market investment opportunities, strategic acquisitions, and real estate advisory services.

No one is permitted to market, advertise, or distribute this listing without express written permission or verified membership within the TEAM PROMISELAND network. Unauthorized use or sharing of this opportunity, photos, or property information will result in a $500 fine per incident, enforceable by law.


All off-market properties are sold As-Is, Where-Is. Buyer is responsible for conducting their own due diligence. Properties are conveyed via warranty deed, and Promiseland Realty LLC is selling its assignable contractual interest.


A $1,000 non-refundable Commitment Fee is required from all interested parties prior to contract execution. This fee secures priority positioning, covers consulting and processing costs, and confirms buyer intent. Proof of Funds is required with all offers. Earnest Money Deposit (EMD) is due within 48 hours of an accepted offer. All closings are facilitated through a licensed title company or closing attorney.


Realtors and Brokers: You are welcome to bring a buyer — please add your fee on top of our asking price.



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