3408 E 140th Street, Cleveland, OH 44120

$129,900
5
BD
2
BA
1,602
SqFt
List Price
$129,900
Status
PENDING
MLS#
5051215
Year Built
1910
Bedrooms
5
Bathrooms
2
Living Area
1,602
Region
Cleveland
Township
Cleveland
Subdivision / Building
William Behms Proposed Allotm

Property Description

Attention savvy investors! Here's an unbeatable chance to acquire a high-yield, cash-flowing duplex in bustling Cleveland. Fully occupied and generating $2,200 per month, this property features a 2-bedroom unit at $1,050 and a 3-bedroom unit at $1,150, with the owner covering all utilities for added tenant appeal. With a remarkable cap rate exceeding 12% and a phenomenal cash-on-cash return of over 22%, this investment shows great promise with significant returns. The duplex has undergone some updates, including fresh paint, 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 with low maintenance and high tenant satisfaction!

Additional Information

Taxes
$1,058
Acres
0.17
Sewer
Public Sewer
Roof
Asphalt, Fiberglass, Shingle
Water
Public
Heating
Forced Air, Gas
Cooling
None
School District
Cleveland Municipal - 1809

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Listing Courtesy of: Tal Tamir, tal@premierclevelandinvesting.com With Russell Real Estate Services

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