3386 E 137th Street, Cleveland, OH 44120

$135,000
5
BD
3
BA
4,662
SqFt

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Sold Price
$135,000
List Price
$139,900
Status
CLOSED
Days on Market
49
Closing Date
May 06, 2024
MLS#
5024577
Subtype
Residential Income
Year Built
1920
Bedrooms
5
Bathrooms
3
Full Baths
3
Living Area
4,662
Acres
0.13
Subdivision
Mount Pleasant
Neighborhood
Mount Pleasant
MLS Area Major
Cleveland

Property Description

5Bed 3Bath, totaling 4662 sqft!Welcome to 3386 E 137th Street, where opportunity meets value in the vibrant Cleveland real estate market! This impeccably maintained triplex presents a compelling investment opportunity that combines both comfort and financial potential. Featuring two spacious 2-bedroom, 1-bathroom units on the first and second floors, and a cozy 1-bedroom, 1-bathroom unit on the third floor, this property offers versatile living arrangements to attract a variety of tenants.With the potential to generate an impressive $2400 per month in rental income, this triplex shatters the 1% rule and stands as a lucrative addition to any investor's portfolio. Its financial appeal is further enhanced by key features designed to ensure a seamless and attractive rental experience for tenants. Step into the first-floor unit, where gleaming hardwood floors adorn the expansive living and dining areas, leading to a well-appointed kitchen and two generously sized bedrooms. Ascend to the second floor to discover another meticulously crafted unit boasting hardwood floors, a recently remodeled kitchen, and upgraded fixtures throughout. The third floor offers a charming retreat with its cozy layout, fresh flooring, and inviting living space – perfect for attracting tenants seeking comfort and convenience. Convenience is paramount with three separate electric meters, streamlining management for landlords and enhancing tenant satisfaction. Additionally, the property's proximity to local amenities, including shops and the esteemed Cleveland Hospital, ensures convenience and accessibility for residents. Rest assured, this investment is supported by professional property management, providing peace of mind and efficient maintenance to optimize returns for savvy investors. Seize the opportunity to capitalize on Cleveland's thriving real estate market with 3386 E 137th Street. Schedule a viewing today and unlock the full potential of this exceptional investment opportunity!

Additional Information

Taxes
$519
Heating
Forced Air, Gas
Air Conditioning
None
Stories
3
Levels
Three Or More
Roof
Asphalt, Fiberglass
Parking Features
No Garage, Paved
School District
Cleveland Municipal - 1809

Listing Courtesy of: Keyano Burgess, keyano.realtor@keysoldit.com With EXP Realty, LLC.

Selling Office: Keller Williams Citywide.

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