4340 W 47th Street

Description

Welcome to this spacious and versatile Cleveland property offering an excellent opportunity for an owner-occupant, investor, or house-hacker. The main living area features 3 bedrooms and 2 bathrooms, providing plenty of space for comfortable living. The finished lower level includes a separate 1-bedroom, 1-bathroom in-law suite with its own living space, offering flexibility for extended family, guests, or potential rental income. The lower-level setup creates an attractive opportunity for an investor looking to maximize cash flow while occupying the main unit, or for those seeking a property with potential for a two-unit configuration. The basement suite has been maintained with multi-family use in mind and offers a strong foundation for pursuing the appropriate approvals and registration to establish the property as a legal multi-family residence, subject to verification and approval by the City of Cleveland. With its flexible layout, additional living space, and income-producing potential, this property offers numerous possibilities for the next owner. Whether you're looking for a primary residence with additional income potential or an investment property with room to increase cash flow, this property is worth a closer look.