3062 W 51st Street, Cleveland, OH 44102
- $190,000
- 5
- BD
- 2
- BA
- 1,785
- SqFt
- Sold Price
- $190,000
- List Price
- $185,000
- Status
- CLOSED
- Days on Market
- 157
- Closing Date
- Jul 21, 2025
- MLS#
- 5097636
- Subtype
- Residential Income
- Year Built
- 1890
- Bedrooms
- 5
- Bathrooms
- 2
- Full Baths
- 2
- Living Area
- 1,785
- Acres
- 0.24
- Subdivision
- Taylor & Hoyts
- Neighborhood
- Taylor & Hoyts
- MLS Area Major
- Cleveland
Property Description
Attention investors and house hackers! Add this newly renovated property to your portfolio today! The property is currently vacant and ready for immediate occupancy for tenants you can choose. Live in one unit and rent the other or rent out both units for cash flow. The lower unit is a 3 bedroom unit with a large porch and a large basement. It includes a fully equipped kitchen, complete with a microwave, stove, and refrigerator. The upstairs unit has a separate entrance and 2 bedrooms. The approximate market rent, per CMHA allowance, for a 3-bedroom unit is $1,468, and a 2-bedroom unit is $1,129. This creates an impressive potential cash flow of $2,597. Units are individually metered. Don’t let this opportunity slip by—make it yours today! Property includes two parcels #006-23-060 and #006-23-059. Back on market due to buyer's financing fell through. The seller is a licensed real estate broker in the state of Ohio.
Additional Information
- Taxes
- $1,564
- Appliances
- Microwave, Range, Refrigerator
- Heating
- Forced Air, Gas
- Air Conditioning
- None
- Stories
- 2
- Levels
- Two
- Roof
- Asphalt
- Pool
- Yes
- Parking Features
- Concrete, Driveway, Gravel
- School District
- Cleveland Municipal - 1809
Listing Courtesy of: Lauren Patrick, lpsoldit@gmail.com With Vincent Patrick Realty
Selling Office: Keller Williams Chervenic Rlty.Mortgage Calculator
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