Listed By
Agency Name: Keller Williams Living
Agency Contact: alexistherea@gmail.com, 216-543-2083
Shown By
Agent Name: Doug Green
Agent Phone: (614) 893-8772
Agency Title: Cutler Real Estate
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Property Description
Investor special with strong cash flow potential, this duplex features two separate units and additional value-add opportunity. The first-floor unit offers 4 bedrooms and 1 bathroom, while the second-floor unit includes 3 bedrooms and 1 bathroom along with access to a large unfinished attic that presents the opportunity to create additional living space and increase rental income. Both units offer solid layouts and are ready for improvements and stabilization, making this an ideal project for an investor looking to add value. Projected Section 8 rental potential reaches up to $1,762/month for the 3-bedroom unit and $1,875/month for the 4-bedroom unit, offering a combined potential of $3,600+/month. Additional features include a clean, dry basement and detached garage. Major mechanicals are older, providing an opportunity to update and further increase equity. Conveniently located near schools, parks, and major highways, this property is ideal for investors looking to build cash flow, increase equity, and maximize long-term returns. This is As-Is.
Property Features
Property Type: Multi Unit - Multiple
Basement: Unfinished
Basement: Yes
Cooling: None
Garage: 2
Heating: Forced Air
Lot Size: 0.12 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $1,872 / year
Year Built: 1925
Feature Descriptions
Exterior: Aluminum Siding
Parcel#: 139-19-041
Parking: Detached, Garage
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
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Estimated Payment
$ 719.79 per month $533.19 Principal & Interest $156.00 Property Tax $30.60 Homeowner's InsuranceChange Payment Information
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3700 E 153rd Street | MLS# 5196684
This multi-family property located at 3700 E 153rd Street, Cleveland, OH 44120 is currently listed for sale with an asking price of $104,900. E 153rd Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.douggreenrealtor.com today.