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3837 W 160th ST Cleveland, OH 44111
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Key Details
Sold Price $312,950
Property Type Single Family Home, Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,289 sqft
Price per Sqft $136
Subdivision Pasadena Park Allotment
MLS Listing ID 5108992
Bedrooms 6
Full Baths 2
Year Built 1928
Annual Tax Amount $5,238
Tax Year 2024
Lot Size 7,348 Sqft
Property Sub-Type Duplex
Property Description
Welcome to 3837 W. 160th St., a meticulously maintained side-by-side duplex located in the heart of Cleveland's sought-after Kamm's Corner neighborhood. Offering two spacious units, each featuring 3 bedrooms and 1 bath, this property presents both homeowners and savvy investors with outstanding income potential.
Each unit boasts distinct features designed for comfort and convenience. Unit 1 impresses with recently upgraded forced air heating and central air conditioning (2022), a beautifully resurfaced clawfoot bathtub, modern bathroom fixtures, and essential appliances including a stove and dryer. Unit 2 includes forced heat (regularly serviced), updated bathroom fixtures, and essential appliances like a stove, refrigerator, washer, and dryer.
Major enhancements since 2017 ensure peace of mind and added value: a fully rebuilt roof and updated overhangs (2019), waterproofing and storm line replacements, a new asphalt driveway (2022), vinyl siding, 26 out of 36 windows replaced, updated gutters and fascia, and a fenced backyard ideal for private outdoor enjoyment.
Positioned in a neighborhood renowned for its convenience and charm, this duplex is poised for solid returns, with a market-driven estimated monthly rental income of approximately $1,850 per unit—totaling around $3,700 monthly or $44,400 annually. With a strong cap rate of approximately 9.02%, the property aligns perfectly with Cleveland's growing rental market trends, representing a wise investment choice.
Don't miss this opportunity to secure a versatile property with exceptional rental prospects in one of Cleveland's most vibrant communities. Schedule your showing today and envision the potential at 3837 W. 160th Street!
Location
State OH
County Cuyahoga
Interior
Heating Forced Air
Cooling Central Air, Ceiling Fan(s), Wall/Window Unit(s)
Laundry In Basement
Exterior
Parking Features Driveway, Garage, On Street
Garage Spaces 2.0
Garage Description 2.0
Fence Back Yard, Chain Link, Wood
Roof Type Asphalt,Fiberglass
Building
Foundation Block
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
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Bought with Nick Burkhammer • Platinum Real Estate