13902 Coit RD Pending

Cleveland,OH 44110

$ 125000

5 Beds

2 Baths

3526 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Square Footage 3,526 sqft

Price per Sqft $35

MLS Listing ID 5092257

Bedrooms 5

Full Baths 2

HOA Y/N No

Abv Grd Liv Area 2,530

Year Built 1926

Annual Tax Amount $790

Tax Year 2023

Lot Size 4,800 Sqft

Acres 0.1102

Property Description

Investors, do you want a fully occupied property that cash flows $1,500/month? This upgraded, fully occupied property is sure to provide maximum cash flow for your portfolio. The lower unit is occupied at $1,100/month on a month-to-month term, and the upper unit is occupied at $1,300/month on a month-to-month term, leaving a cap rate of over 10%! The lower unit has 3 bedrooms, the upper unit has 2 bedrooms, and the attic has an additional 2 bedrooms that can be rented with the second floor for maximum rental potential! Situated just down the street from Five Points and 1.5 miles south of the Waterloo Arts District, this is a fantastic neighborhood to acquire your next cash flowing rental. This property is fully lead certified, certification for both units are in supplements.

Location

State OH

County Cuyahoga

Rooms

Basement Unfinished

Interior

Heating Forced Air

Cooling None

Fireplace No

Exterior

Parking Features Driveway

Garage Spaces 2.0

Garage Description 2.0

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Private Pool No

Building

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 111-22-013

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