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3390 E 149th Street

Cleveland, OH 44120
  • $120,000
  • STATUS: Contingent
  • ON SITE: 18 Days
  • MLS #: 4382127
Under Contract
$120,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1930
County:

School Ratings & Info

Listing courtesy of Keller Williams Greater Metropolitan.
Listing information © 2022 YES-MLS.

Description

***Great Investment Opportunity*** 6 unit incoming producing property bringing in $2,375/mo that's $28,500/year. There is opportunity to increase rents and with a little TLC this property can exhibit its full potential. Tenants have been in place longterm and would like to stay. Property is brick and has great bones. Roof is under 10 years old. There are 4 of the 6 hot water tanks that are new and the furnaces are older but still work well. Each unit is a 1 bed 1 bath and some units have been recently updated. Owner pays electric in common areas such as hallways and basement. Tenant pays their own electric, gas. The water & sewer bill is received by the seller and split amongst tenants respectively. Seller has a 3 year contract in place with Republic in order to do trash collection. Seller pays $110.37/mo for trash collection with Republic Services.

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Listing information © 2022 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 2022-07-04T00:07:46.623.
www.trendsrealtyofohio.com/homes/129853876
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3390 E 149th Street Cleveland, OH 44120

  • Price: $120,000
  • Status: Contingent
  • On Site: 18 Days
  • MLS #: 4382127
0
Beds
0
Baths
0
½ Baths
0.13
Acres
1930
Built
Neighborhood:
Palmer
County:
Cuyahoga
Area:
Cle S Of Kins Including Menlo And Scott
Property Description
***Great Investment Opportunity*** 6 unit incoming producing property bringing in $2,375/mo that's $28,500/year. There is opportunity to increase rents and with a little TLC this property can exhibit its full potential. Tenants have been in place longterm and would like to stay. Property is brick and has great bones. Roof is under 10 years old. There are 4 of the 6 hot water tanks that are new and the furnaces are older but still work well. Each unit is a 1 bed 1 bath and some units have been recently updated. Owner pays electric in common areas such as hallways and basement. Tenant pays their own electric, gas. The water & sewer bill is received by the seller and split amongst tenants respectively. Seller has a 3 year contract in place with Republic in order to do trash collection. Seller pays $110.37/mo for trash collection with Republic Services.
Exterior Features

Parking Features PublicOn Street Roof AsphaltFiberglass

Interior Features

Basement Common Basement Basement YN No Building Area Total 0 Heating Forced AirGas Heating YN Yes

Property Features

Lease Considered YN No Property Sub Type Apartment Sewer Public Sewer Tenant Pays ElectricityGas Township Cleveland Water Source Public Year Built Details Actual Ybt

Listing information © 2022 YES-MLS.
Listing provided courtesy of Keller Williams Greater Metropolitan.
Listing information © 2022 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 2022-07-04T00:07:46.623.
 
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RE/MAX Trends Realty
2930 Edison St
Uniontown OH, 44685
Listing courtesy of Keller Williams Greater Metropolitan.
Listing information © 2022 YES-MLS.