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Listed price in listed location currency (USD).
$125,000

422

MLS® 5240388

Overview

Key Facts

Type Duplex
Levels Residential Income
Size 2074 sqft
Garage Yes
Taxes $1,035
Days Active 0
Lot Size 0.1249 Acres
Approx. Age 1925
Avg. Price Per Sqft $60
MLS® Number 5240388

Property Address: 1656 Bryn Mawr Rd, East Cleveland, OH, 44112-3812

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

Description

The property currently benefits from long-term tenants paying $700 per unit, providing an established rental history and immediate cash flow. There is also significant rental upside. Based on current fair market rent data and CMHA rental estimates, the units have the potential to generate approximately $1, 300 per unit, nearly doubling the current rental income. For an investor, this creates an attractive opportunity to acquire a property with existing tenants while having substantial room to increase rents and improve overall income potential over time.
MLS® Number5240388
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1925
BasementOther
DrivewayDriveway, On Street
Garage Spaces
HeatForced Air
A/CNone

Extras

Home Estimate Zoopraisal®

This property is estimated to sell between: $73,000 and $151,000.
Similar properties in this area sold on average for: $73,125
Expected to sell in 42 days. Similar properties sold in 42 days. This home has been on Zoocasa for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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