3808 W 33rd ST Pending

Cleveland,OH 44109

$ 150000

8 Beds

4 Baths

3899 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Pending

Purchase Type For Sale

Square Footage 3,899 sqft

Price per Sqft $38

Subdivision Betts & Ribbins

MLS Listing ID 5080820

Bedrooms 8

Full Baths 3

Half Baths 1

HOA Y/N No

Abv Grd Liv Area 3,899

Year Built 1900

Annual Tax Amount $3,248

Tax Year 2023

Lot Size 9,151 Sqft

Acres 0.2101

Property Description

Investment Opportunity: Dual-Unit Property with Additional Income Potential

Are you looking to enhance your rental portfolio or live in one unit while earning rental income from the others? This property presents an exceptional opportunity!

This unique investment features a front duplex with substantial income potential. The downstairs unit is a spacious 3-bedroom, 1-bathroom residence currently rented to a long-term tenant for $700 per month. The upstairs unit, a recently updated 2-bedroom, 1-bathroom space, is freshly painted and ready for a new tenant, with potential rental income of $950 to $1,000 per month.

Additionally, the property includes a 3-bedroom, 1.5-bathroom single-family home at the back of the lot. This unit requires renovation, but once completed, it could generate an extra $1,100 to $1,300 per month.

With a total potential income of $2,500 to $3,000 per month, this property is a fantastic investment opportunity that you won’t want to miss!

This property features two distinct buildings.

- **Front Building Duplex:** The upstairs unit is readily accessible for showings.

- **Back Building SFH:** This unit requires a complete renovation. Showings for the back house can only be conducted with a signed waiver release emailed to the listing agent.

The lower unit in the front building is currently rented to a long-term tenant and will only be available for viewing once the property has an accepted offer. Please respect the tenant's privacy and do not disturb them.

**Utilities:** The tenants cover all utilities except for water and sewer.

Location

State OH

County Cuyahoga

Rooms

Basement Unfinished,Walk-Out Access

Interior

Heating Forced Air

Cooling None

Fireplace No

Exterior

Garage Driveway

Waterfront No

Water Access Desc Public

Roof Type Asphalt

Private Pool No

Building

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 015-24-051

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Standard

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