3719 W 42 ST Active Save Request In-Person Tour Request Virtual Tour
Cleveland,OH 44109
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,864 sqft
Price per Sqft $91
MLS Listing ID 5045084
Bedrooms 6
Full Baths 3
HOA Y/N No
Abv Grd Liv Area 1,864
Year Built 1885
Annual Tax Amount $4,796
Tax Year 2023
Lot Size 3,920 Sqft
Acres 0.09
Property Description
$3440 in potential rent would make this duplex a 20% Cap!!! Fully occupied, month to month tenants. Unfinished 3rd floor for even more income! Close to the newly renovated MetroHealth Campus! Minutes from the many amenities of downtown Cleveland, Tremont & Ohio City! Month to month tenants, well below market rent. Market Rent for the area is approximately $1200-$1250 per month per unit ($2400-$2500/mo). CMHA Rental Rate for 3 Bedrooms in 44109 is $1720/mo. which would generate potentially $3440/mo. in government subsidized rental income! Unique property layout featuring 3 bedrooms in each unit. 3 Bed / 1 Bath - Upstairs Unit. 3 Bed / 2 Bath - Downstairs Unit. Don't miss the opportunity to add this property to your portfolio!
Location
State OH
County Cuyahoga
Direction Northwest
Rooms
Basement Unfinished
Interior
Heating Forced Air
Cooling None
Fireplace No
Laundry In Basement
Exterior
Parking Features Driveway,On Street
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Accessibility None
Private Pool No
Building
Faces Northwest
Story 4
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 015-22-108
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan