Vision Sales Team

1390 E 109th Street

Cleveland, OH 44106

MLS#: 5251579

$320,000

Status: Active
Listing number: 5251579
Listing provided by: Premier Heights Realty LLC
Listing agent phone: None
Last update: a day ago
New on site 2 days ago
Browse Properties
Ford & Holdens Sub - Residential Income

Property

Beds

6

Full Baths

2

1/2 Baths

1

Year Built

1910

Sq.Footage

N/A

FANTASTIC INVESTMENT Opportunity IN 44106! This 6-bed, 3-bath corner duplex combines MAJOR improvements with serious income potential. Nearly $50K invested in RENOVATIONS within the past year means substantial work has already been completed, including new flooring, drywall repairs, paint, remodeled kitchens with new appliances and updated bathrooms, just to name a few! The roof and all mechanicals are in GREAT working order. The numbers are just as attractive... nearly $50,000 IN POTENTIAL GRI! CMHA offers $2113/month (=$50,712/year) for a 3-bedroom in 44106. This property more than BEATS the 1% Rule and 10-CAP requirement. For investors looking to minimize upfront renovation costs while maximizing rental-income potential, this is one to put on the radar. Updated property. Strong GRI potential. Built for the portfolio. LOCATION! LOCATION! LOCATION! Conveniently situated just minutes from Cleveland Clinic Main Campus, University Hospitals, Case Western Reserve University, University Circle, Cleveland Museum of Art, Little Italy, and Downtown Cleveland, this is the PERFECT property for CASE STUDENTS who pay $700+ per bedroom. And... with so much new development and construction happening in the neighborhood, the property values should continue to go UP and UP!

Features & Amenities

Interior

  • Total Bedrooms

    6

  • Bathrooms

    2

  • 1/2 Bathrooms

    1

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Heating YN

    YES

  • Heating

    Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Aluminum Siding

  • Parking

    On Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.1074

  • Property Type

    Residential Income

  • Property Sub Type

    Duplex

Price

  • Sales Price

    $320,000

  • Tax Amount

    $1,206

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    East Cleveland CSD - 1812

  • Middle School

    East Cleveland CSD - 1812

  • High School

    East Cleveland CSD - 1812

Property Features

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Cuyahoga

Elementary School

East Cleveland CSD - 1812

Middle School

East Cleveland CSD - 1812

High School

East Cleveland CSD - 1812

Listing Courtesy of Alexia Satterwhite, Premier Heights Realty LLC

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Agent Tylier Dawley

AGENT

Tylier Dawley

Call Tylier today to schedule a private showing.

(216) 526-4596

Tylier@VisionSalesTeam.com


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FANTASTIC INVESTMENT Opportunity IN 44106! This 6-bed, 3-bath corner duplex combines MAJOR improvements with serious income potential. Nearly $50K invested in RENOVATIONS within the past year means substantial work has already been completed, including new flooring, drywall repairs, paint, remodeled kitchens with new appliances and updated bathrooms, just to name a few! The roof and all mechanicals are in GREAT working order. The numbers are just as attractive... nearly $50,000 IN POTENTIAL GRI! CMHA offers $2113/month (=$50,712/year) for a 3-bedroom in 44106. This property more than BEATS the 1% Rule and 10-CAP requirement. For investors looking to minimize upfront renovation costs while maximizing rental-income potential, this is one to put on the radar. Updated property. Strong GRI potential. Built for the portfolio. LOCATION! LOCATION! LOCATION! Conveniently situated just minutes from Cleveland Clinic Main Campus, University Hospitals, Case Western Reserve University, University Circle, Cleveland Museum of Art, Little Italy, and Downtown Cleveland, this is the PERFECT property for CASE STUDENTS who pay $700+ per bedroom. And... with so much new development and construction happening in the neighborhood, the property values should continue to go UP and UP!

1390 E 109th Street

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