Investors this is the opportunity you've been waiting for! If you're looking to add a performing asset to your portfolio with minimal upfront work, this property deserves your attention. The upstairs unit was recently updated prior to being leased, while the downstairs unit has been well maintained by the current tenant. There is an opportunity to add value by updating the downstairs bathroom. The property's siding is in good condition, and the mechanical systems are functioning properly. An additional upside is the potential to complete the unfinished third unit in the upper level with the primary remaining scope being the plumbing installation. This could also be counted as additional living space connected to the upstairs unit then making it a 3 bed 2 bath. CMHA pays up to $1,130 for a one bedroom, up to $1,367 for a 2 bedroom and up to $1,762 for a 3 bedroom in this zip code. Hot water tank ages: 2011 & 2019 The photos in the listing are of the upstairs unit. Please text Alexis for additional videos of the downstairs unit, third floor, basement, and exterior. To respect the privacy of the tenants, in-person tours of the occupied units will be scheduled with an accepted offer. Rent roll available upon request.
Listed By
Agency Name: Keller Williams Living
Agency Contact: alexistherea@gmail.com, 216-543-2083
Shown By
Agent Name: Lloyd Morton
Agent Phone: (330) 495-0623
Agency Title: DeHOFF REALTORS
Estimated Payment
$ 906.60 per month $706.38 Principal & Interest $153.58 Property Tax $46.64 Homeowner's Insurance
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3264 E 117th Street | MLS# 5220846
This multi-family property located at 3264 E 117th Street, Cleveland, OH 44120 is currently listed for sale with an asking price of $159,900. E 117th Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on lmorton.dehoff.com today.