Map
Link Copied
Listed price in listed location currency (USD).
$225,000
$239,900

000

MLS® 4431189

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Commercial Sale
Size 5128 sqft
Garage No
Maintenance Fees 
Taxes 
Approx. Age 1924
Avg. Price Per Sqft $46
MLS® Number 4431189

Property Address: 3403 E 140th St, Cleveland, OH, 44120-4059

Average square foot calculated using Size range provided by listing agent.

Description

Recently renovated, LEAD CERTIFIED, 6-UNIT CASH COW generating gross rents of $3, 959 / month on full occupancy with a 13-14% Cap Rate ready to generate the next owner consistent CASH FLOW each month. Nearly all units have been renovated in the last 12 months, with nearly $70k worth of improvements made to the property since purchase. The property consists of four, 1 bed / 1 bath configs, and two, 2 bed / 1 bath configs. P&L, NOI Calculations, Leases, other due diligence documents, as well as showings all available upon accepted offer. Unit breakdown & rent details available below: Unit #1 - $630 (currently occupied with a market tenant, 1/1 config) Unit #2 - $650 (vacant - tenant to be placed before EOM, 1/1 config) Unit #3 - $700 (currently occupied with a market tenant, 2/1 config) Unit #4 - $650 (vacant – tenant to be placed before EOM, 1/1 config) Unit #5 - $629 (currently occupied with a subsidy tenant, 1/1 config) Unit #6 - $650 (vacant - tenant to be placed before EOM, 1/1 config)
MLS® Number4431189
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1924
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

Jul 17, 2023End Date
$225,000Sold Price

Sold

Jan 27, 2023List Date
$239,900List Price
  • Commute

Commute

Starting Address
Destination Address
3403 E 140 Th St, Cleveland, OH

Curious about your home's value?

Similar Listings

Comparable Properties