Dippel & Pitras Resub Real Estate

Welcome to Dippel & Pitras Resubdivision, a hidden gem nestled in the vibrant city of Cleveland, Ohio. This charming neighborhood in Cuyahoga County combines the warmth of suburban living with the convenience of urban amenities, making it an ideal place for families, professionals, and anyone looking to enjoy a balanced lifestyle.

Dippel & Pitras Resub features a variety of homes that reflect the area's rich architectural diversity, from classic designs to modern builds. The tree-lined streets and well-maintained lawns create a welcoming atmosphere that invites you to take leisurely strolls or enjoy a peaceful afternoon in your yard. Residents here take pride in their community, fostering a sense of belonging that is often hard to find in larger cities.

One of the standout features of this neighborhood is its proximity to Cleveland's lively downtown area. A short drive or a quick ride on public transportation will take you to an array of dining, shopping, and entertainment options. Whether you're in the mood for a gourmet meal, a night out at the theater, or a day exploring the Cleveland Museum of Art, everything you need is just around the corner.

Families will appreciate the nearby schools and parks, offering plenty of recreational opportunities for children and adults alike. The neighborhood's friendly vibe is complemented by community events that bring residents together, fostering connections and creating lasting memories.

Discover the charm of Dippel & Pitras Resubdivision, where community spirit meets urban convenience. Your dream home awaits in this delightful Cleveland neighborhood!

Newest Listings in Dippel & Pitras Resub

$315,000

5250100 MLS

Incredible investor package featuring 3 fully occupied single-family homes in the highly cash-flowing 44105 ZIP code of Cleveland, OH! This turnkey portfolio is priced at $315,000.00 and delivers immediate, reliable cash flow from day one with a 0.00% vacancy rate. Boasting a massive 13.13% Capitalization Rate and a low 6.60x Gross Rent Multiplier (GRM), this strategic Cleveland package is optimized for maximum return on investment. The portfolio generates a robust Gross Annual Rent of $47,724.00. Overhead is exceptionally low with a streamlined Operating Expense Ratio (OER) of 13.36%, resulting in a strong Net Operating Income (NOI) of $41,347.20. Added stability includes one property backed by guaranteed, reliable CMHA subsidized housing funds, while the remaining homes feature verified net lease structures where tenants absorb 100% of standard utility outlays. This is a rare, low-maintenance asset package perfect for scaling your rental footprint in a strong rental market—add these high-yielding Cleveland homes to your portfolio today!

5716 Hosmer Avenue, Cleveland

Listing Courtesy of: Amanda Turney, amandahelpsrealestate@gmail.com With Russell Real Estate Services

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