$54,000
$58,000
6.9%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
1 Bath
1,186 SqFt
SOLD DATE : 04/05/2024
Key Details
Sold Price $54,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,186 sqft
Price per Sqft $45
Subdivision Amor & Carpenter
MLS Listing ID 4496128
Sold Date 04/05/24
Style Colonial
Bedrooms 3
Full Baths 1
HOA Y/N No
Abv Grd Liv Area 1,186
Year Built 1920
Annual Tax Amount $530
Lot Size 2,718 Sqft
Acres 0.0624
Property Sub-Type Single Family Residence
Property Description
Part of a Cleveland portfolio, 7 properties, 8 units, turnkey, under professional management. Gross rents $7325, listed for $470k, over 14% CAP rate at list price (including management, taxes, insurance expenses). Turnkey rental property. This single family is rented for $850/mo, 3 bed/1bath. Many updates including: newer furnace and water tank, upgraded electrical. Other features: glass block windows, spacious front porch. Conveniently located near freeways, shopping, and just minutes to the airport and Downtown Cleveland. Professional management in place. MLS #s included in the portfolio: 5005952, 4496134, 4496128, 4496120, 5008047, 4507684, 4496100 (7 singles and 1 duplex)
Location
State OH
County Cuyahoga
Community Medical Service, Playground, Park, Shopping, Public Transportation
Direction North
Rooms
Basement Full, Unfinished
Interior
Heating Forced Air, Gas
Cooling None
Fireplaces Number 1
Fireplace Yes
Exterior
Parking Features No Garage, Paved
Community Features Medical Service, Playground, Park, Shopping, Public Transportation
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Accessibility None
Porch Porch
Building
Faces North
Entry Level Two
Sewer Public Sewer
Water Public
Architectural Style Colonial
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 109-13-046
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with Joshua Meador • HomeSmart Real Estate Momentum LLC
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