Price Reduction
Address
3674 E 149th Street Cleveland, OH
Price
$ 254,900
Property Attributes
  • MLS#4209375
  • TypeCommercial
  • CountyCUYAHOGA
  • CityCleveland
  • AreaCle South of Kins to Miles
  • NeighborhoodJankovsky & Bubnas
  • Zip44120
  • StyleApartment
  • Year Built1925
  • Taxes1542
  • Price$ 254,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5780
  • Lot Size5,663 SqFt
Listing Provided Courtesy Of:
Michael Azzam with RE/MAX Haven Realty
Property Description

This 6 unit apartment building is a great opportunity to build your rental portfolio. Fully occupied, the spacious brick building consists of four 2-bedrooms apartments that are 1,100 sqft and two 1-bedroom apartments that are 885 sqft. (The 1-bedroom units could potentially be 2-bedroom which would increase the rent as well!) All units have living rooms and dining rooms. This building also has plenty of tons of newer updates: just 2 years ago major renovations were completed throughout the building. The electrical has been updated, including GE breakers and GFCI outlets in all bathrooms and kitchens, all new replacement vinyl windows and new glass block windows in basement, refinished hardwood floors, new plank flooring in kitchens, along with new cabinets, completely renovated bathrooms with ceramic tile floors and new fixtures. Units #1-4, all 2-bedroom units, rent for $650/month and the 1-bedroom units #5 and #6 rents for $600/month and for $550/month respectively. Each unit is metered separately with tenants paying gas and electric and 4 units are paid through rent assist programs. The owner pays for water/sewer, trash and common electric and also handles landscaping. Insurance costs are $3,941/year and there is professional management available as well! This building is an amazing chance to add a hugely valuable property to your portfolio! Don’t let it pass you by!

Price History
7/27/2020 Listed $275,000
9/3/2020 8% - $254,900

General Features

Cooling Other
Heating Forced Air, Gas
MLS Area Cle South of Kins to Miles
Parking Features Driveway, On Street
Property SubType Apartment
Property Type Commercial Sale
Roof Asphalt, Fiberglass, Rubber
Sewer Public Sewer
Stories 2
Subdivision Name Jankovsky & Bubnas
Township Cleveland-E/R

Interior Features

Above Grade Finished Area 5780
Basement Full, Unfinished
Heating Y/N Yes
Living Area 5780

Exterior Features

Lot Size Acres 0.13
Lot Size Area 0.13
Lot Size Source Assessor
Lot Size Units Acres
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 44120

Price
AVG $630K
$250K
Taxes
AVG $9,470
$1,542
Visits
AVG 19
41
Year Built
AVG 1931
1925
Walkscore
AVG 70
35
Data Provided by Walkscore ® not using MLS data

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