3702 W 15th Street, Cleveland, OH 44109
- $403,000
- 7
- BD
- 4
- BA
- 3,574
- SqFt
- Sold Price
- $403,000
- List Price
- $399,900
- Status
- CLOSED
- Days on Market
- 208
- Closing Date
- Dec 23, 2024
- MLS#
- 5041577
- Subtype
- Residential Income
- Year Built
- 1910
- Bedrooms
- 7
- Bathrooms
- 4
- Full Baths
- 4
- Living Area
- 3,574
- Acres
- 0.17
- Subdivision
- Foster
- Neighborhood
- Foster
- MLS Area Major
- Cleveland
Property Description
This exceptional investment opportunity features two renovated duplexes on a single lot, providing a total of three, two-bedroom units and one 1-bedroom. Each unit comes fully furnished and equipped with modern appliances, allowing you to seamlessly continue operating it as a short and/or mid-term rental from day one. The property has consistently generated ~$100,000 in gross income annually, showcasing its profitability and high demand. Current cap rate is 10%. Situated in a prime location, this property is conveniently close to major freeways, Downtown Cleveland, Tremont, and The Cleveland Zoo. Whether guests are in town for business or leisure, they will appreciate the easy access to popular destinations and amenities. Don't miss out on this rare chance to own a highly lucrative short and mid-term rental property in a thriving Cleveland neighborhood. All furniture and appliances are included in the sale, ensuring a smooth transition for the new owner. Contact us today for more information or to schedule a viewing.
Additional Information
- Taxes
- $6,466
- Heating
- Forced Air
- Air Conditioning
- Window Unit(s)
- Stories
- 2
- Levels
- Two
- Roof
- Asphalt, Fiberglass
- Parking Features
- Off Street
- School District
- Cleveland Municipal - 1809
Listing Courtesy of: Mario Russo, mario.russo8080@gmail.com With Lokal Real Estate, LLC.
Selling Office: Lokal Real Estate, LLC..Mortgage Calculator
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