3451 E 140th Street, Cleveland, OH 44120

$175,000
8
BD
4
BA
6,402
SqFt

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Sold Price
$175,000
List Price
$219,000
Status
CLOSED
Stories
2
MLS#
5036721
Year Built
1925
Closing Date
Jul 05, 2024
Bedrooms
8
Bathrooms
4
Living Area
6,402
Region
Cleveland
Township
Cleveland
Subdivision / Building
Rapid Transit Land Companys S

Property Description

Step into the epitome of investment excellence with this fully occupied, all-brick large fourplex, nestled within 2 legal, side by side fourplexes, boasting a total of 8 units. A true cash cow in every sense, this property package yields an impressive $6,250 in gross rents across the 2 properties, securing a steady stream of income for the discerning investor. For only $438,000 total! (3451 E 140th St., 3455 E 140th St.). 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!

Additional Information

Taxes
$4,981
Acres
0.12
Sewer
Public Sewer
Roof
Flat
Water
Public
Heating
Forced Air, Gas
Cooling
None
School District
Cleveland Municipal - 1809

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Calculator source: Real Geeks

Listing Courtesy of: Mark A Colucci, markcolucci@kw.com With Keller Williams Citywide

Selling Office: Howard Hanna.

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