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$ 435,000
Est. payment /mo
New
3416 E 139th ST Cleveland, OH 44120
9,840 Sqft Lot
UPDATED:
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Behm Homestead Allotment
MLS Listing ID 5127050
HOA Y/N No
Year Built 1926
Annual Tax Amount $5,392
Tax Year 2024
Lot Size 9,840 Sqft
Acres 0.2259
Property Sub-Type Apartment
Property Description
Investor special! Don't miss this fully renovated, all-brick six-unit building offering an exceptional opportunity for strong returns. With two 1-bedroom units and four 2-bedroom units, each equipped with individual furnaces and water heaters, this turnkey asset has undergone a full transformation—featuring new vinyl flooring, fresh paint, and updated kitchens and baths throughout. All major improvements are complete; all that's left is to lease up to market-rate or Section 8 tenants. Located in a desirable rental area, this low-maintenance property is projected to deliver nearly a 20% cash-on-cash return once fully occupied. A rare chance to add a high-yield, hassle-free property to your portfolio!
Location
State OH
County Cuyahoga
Rooms
Basement Full, Unfinished
Interior
Heating Forced Air
Fireplace No
Exterior
Water Access Desc Public
Roof Type Composition
Building
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 130-12-097
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Special Listing Condition Standard
Listed by Tal Tamir • Russell Real Estate Services • tal@premierclevelandinvesting.com 216-870-8687