$399,900
3702 W 15th ST Cleveland, OH 44109
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$399,900
Est. payment /mo
7 Beds
4 Baths
3,574 SqFt
UPDATED:
11/05/2024 04:00 PM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Pending
Purchase Type For Sale
Square Footage 3,574 sqft
Price per Sqft $111
Subdivision Foster
MLS Listing ID 5041577
Bedrooms 7
Full Baths 4
Construction Status Updated/Remodeled
HOA Y/N No
Abv Grd Liv Area 3,574
Year Built 1910
Annual Tax Amount $6,466
Tax Year 2023
Lot Size 7,501 Sqft
Acres 0.1722
Property Description
This exceptional investment opportunity features two renovated duplexes on a single lot, providing a total of three, two-bedroom units and one 1-bedroom. Each unit comes fully furnished and equipped with modern appliances, allowing you to seamlessly continue operating it as a short and/or mid-term rental from day one. The property has consistently generated ~$100,000 in gross income annually, showcasing its profitability and high demand. Current cap rate is 10%.
Situated in a prime location, this property is conveniently close to major freeways, Downtown Cleveland, Tremont, and The Cleveland Zoo. Whether guests are in town for business or leisure, they will appreciate the easy access to popular destinations and amenities.
Don't miss out on this rare chance to own a highly lucrative short and mid-term rental property in a thriving Cleveland neighborhood. All furniture and appliances are included in the sale, ensuring a smooth transition for the new owner. Contact us today for more information or to schedule a viewing.
Situated in a prime location, this property is conveniently close to major freeways, Downtown Cleveland, Tremont, and The Cleveland Zoo. Whether guests are in town for business or leisure, they will appreciate the easy access to popular destinations and amenities.
Don't miss out on this rare chance to own a highly lucrative short and mid-term rental property in a thriving Cleveland neighborhood. All furniture and appliances are included in the sale, ensuring a smooth transition for the new owner. Contact us today for more information or to schedule a viewing.
Location
State OH
County Cuyahoga
Rooms
Basement Unfinished
Interior
Heating Forced Air
Cooling Window Unit(s)
Fireplace No
Exterior
Garage Off Street
Waterfront No
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Construction Status Updated/Remodeled
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 008-27-062
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Listed by Mario Russo • Lokal Real Estate, LLC. • 216-252-6580 marketing@lokalrealestate.com
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