4500 W 39th StreetCleveland, OH 44109

Multi Unit - Multiple MLS 5241709
9 beds 4 full baths 2,912 sqft
Active $359,900
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Listed By

Agency Name: RE/MAX Above & Beyond
Agency Contact: wendysellscle@gmail.com, 216-834-9987

Shown By

Agent Name: Jerri Furniss
Agent Phone: Cell: (614) 937-4427
Agency Title: Cutler Real Estate

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Property Description

Prime Investment Opportunity Boasting A Current 8% Cap Rate In Cleveland's Thriving Rental Market. Two Houses On One Lot - A Triplex With Three 2-Bedroom, 1-Bathroom Units, And A Single-Family Home With 3 Bedrooms And 1 Bathroom. All Units Are Fully Occupied And Generate A Combined $3,925 In Monthly Rental Income, Making This Perfect For Investors Looking For Immediate Cash Flow And Long-Term Appreciation. Two Units Of The Triplex Have Been Completely Remodeled, Including New Kitchens And Bathrooms. Kitchen Upgrades Include New Cabinets, Tile Backsplash, Countertops, Fixtures, And LVP Flooring. Bathroom Updates Include Tub/Shower Surround, New Vanity, Fixtures, And LVP Flooring. Additional Triplex Upgrades Include Fresh Paint And New Carpet Throughout, New Water Heater, New Furnace, New Vinyl And Glass Block Windows, And A New Roof. The Single-Family Home Has Been Completely Remodeled, Providing A Comfortable Living Space. The All-New Kitchen Has Been Upgraded With New Cabinets, Countertops, Fixtures, And LVP Flooring. The Bathroom Has Been Updated With A New Tub/Shower Combo, Vanity, Fixtures, And LVP Flooring. Additional Upgrades To The Single-Family Home Include Fresh Paint And New Carpet Throughout, New Hot Water Tank, New Furnace, And New Gutters. Whether You're A Seasoned Investor Or Just Starting To Build Your Rental Portfolio, This Is An Opportunity You Won't Want To Miss! No Wholesalers - Seller Will Not Allow The Buyer To Assign The Contract To Another Party Prior To Closing. Seller Financing, Creative Financing, And Subject To Offers Will Not Be Considered.

4500 W 39th Street | MLS# 5241709

This multi-family property located at 4500 W 39th Street, Cleveland, OH 44109 is currently listed for sale with an asking price of $359,900. W 39th Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.jerrifurniss.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: None
Days on Market: 1
Heating: Forced Air
Lot Size: 0.14 Acres
Roof Type: Composition
Stories: 3.0
Taxes: $3,651 / year
Year Built: 1904

Feature Descriptions

Exterior: Aluminum Siding, Frame, Vinyl Siding
Parcel#: 011-07-020
Parking: Driveway
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

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Estimated Payment

$ 2,252.80 per month $1,843.58 Principal & Interest $304.25 Property Tax $104.97 Homeowner's Insurance

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