4764 Pearl RoadCleveland, OH 44109

Property Description

Exceptional Quadruplex Opportunity in Old Brooklyn, ideal for both owner-occupants and investors. With two units currently vacant, this property offers a rare opportunity for an owner-occupant to move right in and offset monthly expenses with rental income from the remaining units, or for an investor to lease up and increase cash flow. The two occupied units are currently rented at $900 per month with the opportunity to increase immediately. Comparable two-bedroom units in the area are leasing for approximately $950 to $1,100 per month, presenting strong upside potential. At full occupancy, projected gross monthly income approaches $4,000. Each unit features a spacious two-bedroom, one-bath layout with a dedicated dining area, along with private porch access and exterior rear entry for added convenience. The property also includes a shared laundry area, private storage lockers for each unit, and a four-car garage providing one dedicated space per unit, an increasingly rare and valuable amenity. Whether you are looking to build your portfolio or offset your own housing costs, this is a versatile opportunity in a proven rental market with strong long-term potential.

Property Features

Local Schools