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Key Details
Sold Price $175,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 6,402 sqft
Price per Sqft $27
Subdivision Rapid Transit Land Companys S
MLS Listing ID 5036721
Sold Date 07/05/24
Bedrooms 8
Full Baths 4
HOA Y/N No
Abv Grd Liv Area 6,402
Year Built 1925
Annual Tax Amount $4,981
Tax Year 2023
Lot Size 5,201 Sqft
Acres 0.1194
Property Description
Step into the epitome of investment excellence with this fully occupied, all-brick large fourplex, nestled within 2 legal, side by side fourplexes, boasting a total of 8 units. A true cash cow in every sense, this property package yields an impressive $6,250 in gross rents across the 2 properties, securing a steady stream of income for the discerning investor. For only $438,000 total! (3451 E 140th St., 3455 E 140th St.).
But what sets this offering apart is not just its profitability, but its impeccable attention to detail and maintenance. The seller has lavished care and investment into the property, ensuring minimal upkeep and maximum returns. Marvel at the 18 new windows, bathing each unit in natural light and energy efficiency. Each unit also features cozy fireplaces! Revel in the warmth provided by the new furnace, guaranteeing comfort and reliability for tenants. And with renovations gracing both units and common areas, this property exudes modernity and charm at every turn. Complete with spacious parking in the back of each building! Professional management in place!
Whether you're a seasoned investor seeking a new addition to your portfolio or a visionary entrepreneur ready to embark on a lucrative venture, this fourplex is your golden ticket to success. Don't miss out on this opportunity to own a piece of prime real estate – schedule your viewing today and let your investment dreams take flight!
Location
State OH
County Cuyahoga
Rooms
Basement Unfinished
Interior
Heating Forced Air, Gas
Cooling None
Fireplace No
Exterior
Garage Parking Lot
Water Access Desc Public
Roof Type Flat
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 130-13-108
Financing Cash
Special Listing Condition Standard
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Bought with Noura Koussa Asaad • Howard Hanna