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

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor CPD Homes, LLC shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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