Commercial Real Estate for Sale at 3416 E 139th Street in Cleveland, OH for $409,900

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3416 E 139th Street | Cleveland

$409,900 | 0.0 Sq. Ft.

Investor special! Don\u2019t 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\u2014featuring new vinyl flooring, fresh paint, and updated kitchens and baths throughout. All major improvements are complete; all that\u2019s 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! MLSNow 5127050 Directions to property: North of HWY 422

MLS Listing ID: 
MLSNow 5127050
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$409,900
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Apartment
Primary Market Area: 
Cleveland
Address: 
3416 E 139th Street, Cleveland, OH 44120
County: 
Cuyahoga
Latitude: 
41.4661030
Longitude: 
-81.5864600
Directions: 
North of HWY 422
Public Remarks: 
Investor special! Don\u2019t 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\u2014featuring new vinyl flooring, fresh paint, and updated kitchens and baths throughout. All major improvements are complete; all that\u2019s 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!
Community Information
School District: 
Cleveland Municipal - 1809
Subdivision: 
Behm Homestead Allotment
Building Details
Details about the building on a property.
Year Built: 
1926
Living Area: 
0.0
Basement: 
Full,Unfinished
Construction
Roof: 
Composition
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.23
Lot Size (Area): 
0.23
Public Record
Parcel Number: 
130-12-097
Annual Tax: 
$5,392.00
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
Russell Real Estate Services

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