4500 W 39th Street
Property Description
Prime Investment Opportunity Boasting A Current 8% Cap Rate In Cleveland's Thriving Rental Market. Two Houses On One Lot - A Triplex With Three 2-Bedroom, 1-Bathroom Units, And A Single-Family Home With 3 Bedrooms And 1 Bathroom. All Units Are Fully Occupied And Generate A Combined $3,925 In Monthly Rental Income, Making This Perfect For Investors Looking For Immediate Cash Flow And Long-Term Appreciation. Two Units Of The Triplex Have Been Completely Remodeled, Including New Kitchens And Bathrooms. Kitchen Upgrades Include New Cabinets, Tile Backsplash, Countertops, Fixtures, And LVP Flooring. Bathroom Updates Include Tub/Shower Surround, New Vanity, Fixtures, And LVP Flooring. Additional Triplex Upgrades Include Fresh Paint And New Carpet Throughout, New Water Heater, New Furnace, New Vinyl And Glass Block Windows, And A New Roof. The Single-Family Home Has Been Completely Remodeled, Providing A Comfortable Living Space. The All-New Kitchen Has Been Upgraded With New Cabinets, Countertops, Fixtures, And LVP Flooring. The Bathroom Has Been Updated With A New Tub/Shower Combo, Vanity, Fixtures, And LVP Flooring. Additional Upgrades To The Single-Family Home Include Fresh Paint And New Carpet Throughout, New Hot Water Tank, New Furnace, And New Gutters. Whether You're A Seasoned Investor Or Just Starting To Build Your Rental Portfolio, This Is An Opportunity You Won't Want To Miss! No Wholesalers - Seller Will Not Allow The Buyer To Assign The Contract To Another Party Prior To Closing. Seller Financing, Creative Financing, And "Subject To" Offers Will Not Be Considered.
Broker Details
RE/MAX Trinity LLC (440) 546-1313
MLS ID: 2016000269 State License Number: 2016000269
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $359,900 |
| Year Built: | 1904 |
| Lot Size: | 2,912.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 9 |
| Number of Bathrooms: | 4 |
ID: 3yd-NEOHREXOH-5241709
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