3487 W 50th ST new

Cleveland,OH 44102

$ 165000

6 Beds

2 Baths

2007 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,007 sqft

Price per Sqft $82

Subdivision Joseph Storers Allotment

MLS Listing ID 5150037

Bedrooms 6

Full Baths 2

HOA Y/N No

Abv Grd Liv Area 2,007

Year Built 1924

Annual Tax Amount $1,919

Tax Year 2024

Lot Size 6,703 Sqft

Acres 0.1539

Property Sub-Type Duplex

Stories Three Or More,Two

Story Three Or More,Two

Property Description

Turnkey, fully occupied property with solid tenants! Each unit/entire home is well kept and in really nice shape! Many upgrades including vinyl siding and vinyl windows. Generating $1800 per month, this fully stabilized duplex can be sold individually or as part of the portfolio package with:

4091 Valley Rd, Cleveland MLS# 5141990,
18804 Ironwood Ave, Cleveland MLS# 5149960,
3517 W. 127th St, Cleveland MLS# 5149967,
2621 E. 121st St, Cleveland MLS# 5149989,
16001 Arcade Ave, Cleveland MLS# 5144998

Close to major highways, shopping, public transportation, and all general amenities such as hospitals, parks, schools, etc.!

Call or text for further details! ABSOLUTELY no owner financing and NO assignment contracts. No showings until accepted offer so as not to disturb tenants. Offers can be written subject to walk thru and subsequent inspection

Rents at this location as well as the other portfolio properties have room for rental improvements/increases - rents have been kept under market value as all units are occupied with solid, long-term tenants who take care of the property, are current on rent, and pay in a timely manner. Both leases expires 10/31/25

Location

State OH

County Cuyahoga

Rooms

Basement Full,Unfinished

Interior

Heating Forced Air

Cooling None

Fireplace No

Laundry In Basement

Exterior

Parking Features Driveway

Garage Spaces 2.0

Garage Description 2.0

Water Access Desc Public

Roof Type Asbestos Shingle

Private Pool No

Building

Story 3

Sewer Public Sewer

Water Public

Level or Stories Three Or More,Two

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 016-21-002

Acceptable Financing Cash,Conventional,1031 Exchange

Listing Terms Cash,Conventional,1031 Exchange

Special Listing Condition Standard

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