3188 W 31st Street, Cleveland, OH 44109

$210,000
8
BD
3
BA
2,308
SqFt

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Sold Price
$210,000
List Price
$209,999
Status
CLOSED
Days on Market
81
Closing Date
Sep 13, 2024
MLS#
5048780
Subtype
Residential Income
Year Built
1940
Bedrooms
8
Bathrooms
3
Full Baths
3
Living Area
2,308
Acres
0.15
Subdivision
Margaret Althen
Neighborhood
Margaret Althen
MLS Area Major
Cleveland

Property Description

HUGE duplex in up and coming area near Metrohealth hospital and Ohio City. This duplex offers 2- 4bedrom units with over 1000+ sq ft each. The lower unit is occupied at $1100/ mo by great, long term tenant and offers its occupants a rare 2 full bathrooms. The upper unit is currently vacant and offers another 4 bedrooms wtih 1 bath. It has been recently updated with new paint and carpet throughout. This unit offers a great opportunity to house hack or could be occupied by a private pay tenant at 1300+ minimum (with much more possible with section 8). Both furnaces and hot water tanks are newer, within 5 years old. The basement is just a crawl space so theres no basement to have to contend with either! The back yard is fully fenced in, offering privacy and security for the tenants. Tenants pay their own gas and electric and taxes are less then $850/year! The location is right where everyone wants to be and offers the rare opportunity for some appreciation in northeast Ohio. This is priced well below comps that had less bedrooms to offer you a great deal! Showings of the upper unit only. There is built in equity, the opportunity to house hack, no major rehab needed and it works for cash, conventional and DSCR buyers.

Additional Information

Taxes
$827
Heating
Forced Air
Air Conditioning
None
Stories
2
Levels
Two
Roof
Asphalt, Fiberglass
Parking Features
None
School District
Cleveland Municipal - 1809

Listing Courtesy of: Gregory Erlanger, Info@EZSalesTeam.com With Keller Williams Citywide

Selling Office: Non-Member.

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