About This Home

This 5-bedroom, 3-bathroom residential multi family at 3040 E 126th Street in Cleveland, OH is listed for $165,000 ($73 per sqft). Built in 1920, the home offers 2,250 sqft of living space on a 0.15 acres lot.

Key Features

  • Built in 1920
  • 0.15 acre lot
  • 3 stories

Property Details

3 stories
3 full
1920
Listing Description

Attention investors! Don't miss this turnkey, income-producing two-family property generating $2,322 per month in rental income with both units currently occupied and being professionally managed. In 2024 this home was renovated with updated kitchens and bathrooms, interior paint, new carpet, new furnaces, and new hot water tanks, offering a peace of mind and minimal maintenance for years to come.

Downstair unit has 2 beds and 1 bath. Up unit has 2 beds/1 bath and includes a finished 3rd floor with 1 bed and 1 full bath making this unit a 3/2. Whether you're looking to expand your portfolio or purchase your first investment property, this cash-flowing duplex is a fantastic opportunity with reliable rental income already in place. Start earning from day one!! Conveniently located near Shaker Square, parks, schools and restaurants.

Monthly Cost Estimate

$882/mo

20% down · 6.5% · 30 years

Principal$119
Interest$715
Insurance$48

Estimates only. Actual payments may vary.

Location

3040 E 126th Street

Cleveland, OH 44120

Rice Heights

Property Details

Construction

VinylSiding

Parking

Garage

Heating

Forced Air

Cooling

Ceiling Fan(s)

Appliances

DishwasherRangeRefrigerator

Questions & Answers

This 5-bedroom, 3-bathroom residential multi family at 3040 E 126th Street is listed at $165,000 ($73/sqft). The estimated monthly payment is $882 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1920, 0.15 acre lot, 3 stories.

This property is listed by LaTanya C Jackson and can be reached at 2162729094.

LJ

LaTanya C Jackson

Agent at EXP Realty, LLC.

(216) 272-9094

Listed by EXP Realty, LLC. · View on Broker Site

MLS# 5228066· Source: listhub· 1 day on market

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3040 E 126th Street, Cleveland, OH 44120

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