$125,000
$124,500
0.4%For more information regarding the value of a property, please contact us for a free consultation.
2774 E 117th ST Cleveland, OH 44120
4 Beds
2 Baths
2,144 SqFt
Key Details
Sold Price $125,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,144 sqft
Price per Sqft $58
Subdivision Roosevelt Street
MLS Listing ID 4501268
Sold Date 12/22/23
Bedrooms 4
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 2,144
Year Built 1926
Annual Tax Amount $956
Lot Size 4,199 Sqft
Acres 0.0964
Property Sub-Type Duplex
Property Description
Investors looking near Shaker Square, this Duplex is just South of Shaker Blvd and East of E116/MLK. This is a fantastic location in walking distance to the Rapid, Lutheran Hospital, and Shaker Square. All mechanicals are in good working condition. Many vinyl windows. The Down unit is rented through 10-09-24 and pays $950 and the Up unit is rented for $831 and m2m, but would like to stay. It is a great income-generator and beats the 1% Rule while providing a strong Cap Rate. Property management is in place and could be continued allowing you to do nothing but collect $. PASSED Lead Certification!! Both tenants are sec8. Monthly rents = $1,781 and the total annual rents = $21,372. Other properties are available for sale on an individual basis (seller financing is not an option).
Location
State OH
County Cuyahoga
Interior
Heating Forced Air, Gas
Cooling None
Fireplace No
Laundry Common Area, None
Exterior
Parking Features Paved
Garage Spaces 2.0
Garage Description 2.0
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 129-14-128
Financing Conventional
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Bought with Mark A Colucci • Keller Williams Citywide
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