About This Home

This 6-bedroom, 4-bathroom residential multi family at 3852 E 140th Street in Cleveland, OH is listed for $249,000 ($81 per sqft). Built in 1927, the home offers 3,088 sqft of living space on a 0.14 acres lot.

Key Features

  • Built in 1927
  • 0.14 acre lot
  • 2 stories

Property Details

2 stories
4 full
1927
Listing Description

This absolute showstopper is an exceptional investment opportunity! This massive brick duplex offers over 3,000 square feet with two spacious units, the lower unit features 3 bedrooms, 2 full bathrooms, generous living areas, functional kitchens, and adjoining dining spaces.

the upper unit offers an additional 1,200-square-foot finished third floor includes 2 bedrooms and 1 full bathroom, creating the potential to convert the property into a triplex or expand the upper unit into a 5-bedroom, 3-bathroom residence with approximately 4,200 square feet of living space.

Extensively updated throughout, the property features a brand-new roof, newer windows, all new plumbing, updated electrical, new hot water tanks, renovated kitchens with quartz countertops and new cabinetry, updated bathrooms with tiled showers, a finished basement rec room, plus a sunroom and patio for each unit.

Fully vacant, with market rents of approximately $1,500 per month per unit, this property is ready to generate strong cash flow. Located in Cleveland, just minutes from Garfield Park Reservation, Miles Playfield, major roads, public transportation, shopping, schools, restaurants, and all local amenities, this is an outstanding opportunity for investors seeking a large, updated, and versatile income-producing property.

Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors! Whether you're looking to maximize cash flow, expand your portfolio with a low-maintenance asset, or unlock additional value through future improvements, this remarkable property offers the size, flexibility, and updates to make it an exceptional investment opportunity. No wholesalers. No Seller financing. No low ball offers.

Monthly Cost Estimate

$1,332/mo

20% down · 6.5% · 30 years

Principal$180
Interest$1,079
Insurance$73

Estimates only. Actual payments may vary.

Location

3852 E 140th Street

Cleveland, OH 44128

South View

Property Details

Construction

Brick

Parking

GarageDriveway

Heating

Forced Air

Questions & Answers

This 6-bedroom, 4-bathroom residential multi family at 3852 E 140th Street is listed at $249,000 ($81/sqft). The estimated monthly payment is $1,332 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1927, 0.14 acre lot, 2 stories.

This property is listed by Michael Azzam and can be reached at 2164467606.

MA

Michael Azzam

Agent at RE/MAX Haven Realty

(216) 446-7606

Listed by RE/MAX Haven Realty · View on Broker Site

MLS# 5226935· Source: listhub· 1 day on market

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3852 E 140th Street, Cleveland, OH 44128

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