3416 E 139th ST Active Save Request In-Person Tour Request Virtual Tour
Cleveland,OH 44120
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Behm Homestead Allotment
MLS Listing ID 5127050
Year Built 1926
Annual Tax Amount $5,392
Tax Year 2024
Lot Size 9,840 Sqft
Property Sub-Type Apartment
Property Description
Investor special! Don't miss this fully renovated, all-brick six-unit building offering an exceptional opportunity for strong returns. With two 1-bedroom units and four 2-bedroom units, each equipped with individual furnaces and water heaters, this turnkey asset has undergone a full transformation—featuring new vinyl flooring, fresh paint, and updated kitchens and baths throughout. All major improvements are complete; all that's left is to lease up to market-rate or Section 8 tenants. Located in a desirable rental area, this low-maintenance property is projected to deliver nearly a 20% cash-on-cash return once fully occupied. A rare chance to add a high-yield, hassle-free property to your portfolio!
Location
State OH
County Cuyahoga
Interior
Heating Forced Air
Exterior
Roof Type Composition
Building
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Acceptable Financing Cash,Conventional,1031 Exchange
Listing Terms Cash,Conventional,1031 Exchange
Special Listing Condition Standard