Active
3451 E 140th Street
Cleveland OH, 44120
$249,000
$38.89 per sqft
Active
8 Beds
4 Baths
6,402 sqft
Multi-family
Built in 1925
Step into the epitome of investment excellence with this fully occupied, all-brick large fourplex, nestled within a trio of legal fourplexes with 2 side by side and the third down the street, boasting a total of 12 units. A true cash cow in every sense, this property package yields an impressive $7,950 in gross rents across the three properties, securing a steady stream of income for the discerning investor. For only $587,000 total! (3451 E 140th St., 3455 E 140th St. & 9413 Holton Ave.).
But what sets this offering apart is not just its profitability, but its impeccable attention to detail and maintenance. The seller has lavished care and investment into the property, ensuring minimal upkeep and maximum returns. Marvel at the 18 new windows, bathing each unit in natural light and energy efficiency. Each unit also features cozy fireplaces! Revel in the warmth provided by the new furnace, guaranteeing comfort and reliability for tenants. And with renovations gracing both units and common areas, this property exudes modernity and charm at every turn. Complete with spacious parking in the back of each building! Professional management in place!
Whether you're a seasoned investor seeking a new addition to your portfolio or a visionary entrepreneur ready to embark on a lucrative venture, this fourplex is your golden ticket to success. Don't miss out on this opportunity to own a piece of prime real estate - schedule your viewing today and let your investment dreams take flight!
5036721
MLSⓇ ID
May 8, 2024
Listed
May 9, 2024
Updated
Map
3451 E 140th Street
Cleveland OH, 44120
Interior Features
Total Stories
2
Bedrooms
8
Total Bathrooms
4
Full Bathrooms
4
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Forced Air, Gas
Exterior/Building Features
Lot Size
0.12 Acres
Roof
Flat
Sewer
Public Sewer
School Information
School District
Cleveland Municipal - 1809
Other Property Details
Taxes
$4,981
Tax Frequency
Annually
Garage
No
Parking
Parking Lot
View
No
County
Cuyahoga
Municipality
Cleveland
Water Source
Public
Pool
No
Buyer Agency Compensation
2%
Courtesy of Keller Williams Citywide
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