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3570 E 113th ST Cleveland, OH 44105
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Key Details
Sold Price $100,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,920 sqft
Price per Sqft $52
Subdivision East Blvd
MLS Listing ID 4496100
Sold Date 03/04/24
Bedrooms 4
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 1,920
Year Built 1915
Annual Tax Amount $1,485
Lot Size 3,393 Sqft
Acres 0.0779
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. Total rents for this duplex is $1774/mo, each unit 2 beds/1 bath. Many updates including: newer furnace and hot water tank, upgraded electrical. Other features: 2-car garage, porches. Conveniently located near freeways, shopping, University Circle, Amazon, 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
Direction East
Rooms
Basement Full, Unfinished
Interior
Heating Forced Air, Gas
Cooling None
Fireplace No
Exterior
Parking Features Detached, Garage, Paved
Garage Spaces 2.0
Garage Description 2.0
Community Features Medical Service, Playground, Park, Shopping
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Accessibility None
Building
Faces East
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 135-11-084
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Read Less
Bought with Rich Ganim • EXP Realty, LLC.