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3305 W 111th Street

Cleveland, OH 44111
  • $110,000
  • STATUS: Closed
  • ON SITE: 108 Days
  • MLS #: 4425861
Sold - 03/06/2023
$110,000
SOLD - 03/06/2023
  • 4
    BEDS
  • 0.11
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,048
    SQFT
  • $54
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1920
County:
Area:

School Ratings & Info

School District:
Listing courtesy of Homesmart Real Estate Momentum Llc.
Listing information © 2023 YES-MLS.

Description

Fantastic property to add to an established portfolio or for the new investor looking to get in the business with a 2-family unit that will have cash flow from the start. Both units are occupied by long term tenants on month to month terms, both have been here since 2018. Upper pays $525/mo and lower pays $600. These are drastically below current market value for this area. Each unit has 2 bedrooms and 1 bath with original hardwood throughout. Attic could be finished to create a 3rd bedroom/large suite for upper unit to increase potential earnings even more. 2018 updates include new roof, new hot water tanks, and pex plumbing. New electric panel installed for lower unit in 2021.

Monthly Payment Calculator

Listing information © 2023 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than RE/MAX Trends Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2023-03-20T07:07:42.217.
www.trendsrealtyofohio.com/homes/135142021
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3305 W 111th Street Cleveland, OH 44111

  • Price: $115,000
  • Status: Closed
  • On Site: 108 Days
  • Updated: 70 min ago
  • MLS #: 4425861
4
Beds
2
Baths
0
½ Baths
0.11
Acres
2,048
SQFT
$54
$/SQFT
1920
Built
Neighborhood:
Bosworth Heights
County:
Cuyahoga
Area:
Cleveland
School District:
Cleveland Municipal
Property Description
Fantastic property to add to an established portfolio or for the new investor looking to get in the business with a 2-family unit that will have cash flow from the start. Both units are occupied by long term tenants on month to month terms, both have been here since 2018. Upper pays $525/mo and lower pays $600. These are drastically below current market value for this area. Each unit has 2 bedrooms and 1 bath with original hardwood throughout. Attic could be finished to create a 3rd bedroom/large suite for upper unit to increase potential earnings even more. 2018 updates include new roof, new hot water tanks, and pex plumbing. New electric panel installed for lower unit in 2021.
Exterior Features

Construction Materials AluminumsidingVinylsiding Exterior Features Paveddriveway Garage YN No Parking Features Nogarage Roof AsphaltFiberglass

Interior Features

Appliances DryerRangeRefrigeratorWasher Basement Unfinished Basement YN Yes Building Area Total 2048 Cooling None Cooling YN No Heating ForcedairGas Heating YN Yes Laundry Features Commonarea

Property Features

Above Grade Finished Area 2048 Buyer Financing Conventional Home Warranty YN No Listing Terms CashConventional Number Of Units In Community 2 Owner Pays SewerWater Ownership Principal/Nr Property Sub Type Duplex Sewer Publicsewer Tenant Pays CabletvElectricityGas Township Cleveland Water Source Public Year Built Details Actual Ybt

Listing information © 2023 YES-MLS.
Listing provided courtesy of Homesmart Real Estate Momentum Llc: (440) 578-8058.
Listing information © 2023 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than RE/MAX Trends Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2023-03-20T07:07:42.217.
 
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RE/MAX Trends Realty
2930 Edison St
Uniontown OH, 44685
Listing courtesy of Homesmart Real Estate Momentum Llc.
Listing information © 2023 YES-MLS.