BEDS4
BATHS2 full
SQUARE FEET3,154
MLS#5206035
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONUnion Rice
SCHOOLCleveland Municipal - 1809
Property Description
Great, turn-key, two-family available in the Mt. Pleasant area of Cleveland, less than a mile away from Luke Easter Park. Fantastic Investment Opportunity: Instant Cash Flow with Huge Upside! Looking for a property where the numbers actually make sense? This versatile multi-unit home is a dream for any investor or house-hacker. Currently, the property is occupied by a steady tenant paying $1,400/month, providing immediate income from day one. However, the real value lies in its proven history as a dual-unit rental, previously bringing in $1,100 for the upper unit and $900 for the lower. With a simple transition, you can easily unlock a total monthly revenue of $2,100 or more. Whether you keep the current setup or maximize the units for peak ROI, this is a rare chance to own a high-yield asset in a strong rental market. Don't miss out on this turnkey powerhouse! Both up and down units are occupied. Plenty of updates! Schedule a showing.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Cooling: None
Heating: Forced Air
Lot Size: 0.10 Acres
Roof Type: Asphalt, Shingle
Stories: 2.0
Taxes: $3,044 / year
Year Built: 1915
Feature Descriptions
Days on Site: 4
Exterior: Frame
Parcel#: 137-01-077
Parking: Detached, Garage
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
Listed By / Shown By
Listed By
Agency Name: Land & Shelter Realty
Agency Contact: greenhousexp@yahoo.com, 216-543-3327
Shown By
Agency Title: Gonatas Real Estate
Agency Phone: 330-729-5004
Estimate Your Payment
Estimated Payment
$ 618.67 per month $322.71 Principal & Interest $253.67 Property Tax $42.29 Homeowner's Insurance
3513 E 117th Street | MLS# 5206035
This multi-family property located at 3513 E 117th Street, Cleveland, OH 44105 is currently listed for sale with an asking price of $145,000. E 117th Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.gonatasrealestate.com today.