About This Home

This 4-bedroom, 2-bathroom residential multi family at 2818 E 119th Street in Cleveland, OH is listed for $134,900. Built in 1910, on a 0.11 acres lot.

Key Features

  • Built in 1910
  • 0.11 acre lot
  • 3 stories

Property Details

3 stories
2 full
1910
Listing Description

Cash-flow hunters, this is the one you've been waiting for. This fully renovated duplex, located just one mile from Shaker Square, is the kind of property that makes investors pull out their calculators... and then smile when they see the numbers. Completely rent-ready and primed for immediate tenant placement, this duplex offers the opportunity to start generating income from day one.

No major projects, no contractor headaches, and no weekends spent at the hardware store. Just place your tenants (or have the property management company do it for you) and start collecting rent. The property already has everything done for you, featuring a newer dimensional shingle roof, low-maintenance aluminum siding, updaetd 100 amp panels, vin

yl windows throughout, newer LVP flooring and carpet, and beautifully updated kitchens with newer cabinets and countertops, and gas ranges and fridges alreay installed. Both bathrooms are updated with new vanities and shower inserts, and the whole house interior has been freshly painted.

This house has already been registered as a rental with the city of Cleveland, and has already received its lead safe certificate! This is the kind of investment that checks all the boxes: updated, turnkey, low maintenance, and positioned to produce exceptional cash flow.

With professional property management available, you can make this as hands-on or hands-off as you'd like. In fact, the hardest part of owning this property might be deciding what to do with all that extra cash flow. Turn the key, place the tenants (or let the PM do it for you), and let the cash flow begin.

Monthly Cost Estimate

$721/mo

20% down · 6.5% · 30 years

Principal$98
Interest$585
Insurance$39

Estimates only. Actual payments may vary.

Location

2818 E 119th Street

Cleveland, OH 44120

South Woodland Rice Ave Pro

Property Details

Construction

AluminumSiding

Parking

Driveway

Heating

Forced Air

Questions & Answers

This 4-bedroom, 2-bathroom residential multi family at 2818 E 119th Street is listed at $134,900. The estimated monthly payment is $721 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1910, 0.11 acre lot, 3 stories.

This property is listed by Ian Grame and can be reached at 2168821056.

IG

Ian Grame

Agent at Key Realty

(216) 882-1056

Listed by Key Realty · View on Broker Site

MLS# 5222717· Source: listhub· 7 days on market

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2818 E 119th Street, Cleveland, OH 44120

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