3408 E 140th ST Pending Save Request In-Person Tour Request Virtual Tour
Cleveland,OH 44120
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Square Footage 1,602 sqft
Price per Sqft $81
Subdivision William Behms Proposed Allotm
MLS Listing ID 5051215
Bedrooms 5
Full Baths 2
Construction Status Updated/Remodeled
HOA Y/N No
Abv Grd Liv Area 1,602
Year Built 1910
Annual Tax Amount $1,058
Tax Year 2023
Lot Size 7,248 Sqft
Acres 0.1664
Property Description
Attention savvy investors! Here's an unbeatable chance to acquire an attractive duplex with a ton of upside in bustling Cleveland. One unit is currently occupied and generates $1,150 per month. The property features a 2-bedroom unit and a 3-bedroom unit, with the owner covering all utilities for added tenant appeal. With a proforma cap rate well over 11%, this investment shows great promise for significant returns. The duplex has undergone some updates, including fresh paint, a new furnace and water tank, sleek vinyl flooring, and some kitchen and bathroom upgrades. Don’t miss this golden opportunity to enhance your portfolio with a property that combines substantial income potential with low maintenance and high tenant satisfaction!
Location
State OH
County Cuyahoga
Rooms
Basement Unfinished
Interior
Heating Forced Air,Gas
Cooling None
Fireplace No
Exterior
Garage Driveway,On Site,Paved,On Street
Waterfront No
Water Access Desc Public
Roof Type Asphalt,Fiberglass,Shingle
Parking Type Driveway,On Site,Paved,On Street
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Construction Status Updated/Remodeled
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 130-12-063
Acceptable Financing Cash,Conventional,1031 Exchange
Listing Terms Cash,Conventional,1031 Exchange
Special Listing Condition Standard