491 E 114th Street, Cleveland, OH 44108
- $133,100
- 5
- BD
- 3
- BA
- 2,363
- SqFt
- Sold Price
- $133,100
- List Price
- $124,900
- Status
- CLOSED
- Days on Market
- 68
- Closing Date
- May 07, 2025
- MLS#
- 5102845
- Subtype
- Residential Income
- Year Built
- 1910
- Bedrooms
- 5
- Bathrooms
- 3
- Full Baths
- 3
- Living Area
- 2,363
- Acres
- 0.08
- Subdivision
- L M Southerns Allotment
- Neighborhood
- L M Southerns Allotment
- MLS Area Major
- Cleveland
Property Description
Calling all INVESTORS!! Check out this well-maintained 3-unit property. First floor unit is tenant occupied m2m for $750 and includes two bedrooms and one bath. Second floor unit is vacant and currently marketed for rent iat $900. This also includes two bedrooms and one bath. Third floor efficiency is tenant-occupied m2m for $475. Beautiful hardwood floors throughout with open kitchens that include GRANITE countertops. Large dining rooms with built in cabinets. Low-maintenance vinyl windows. 100-AMP electrical service with updated panels. Vinyl windows. unfinished basement is 1043 Sq ft. All mechanicals are in good working order. GMR should be $2100, well surpassing the 1% Rule. With an annual rental income of around $25,000, you should be able to get at least a 10-CAP.
Additional Information
- Taxes
- $719
- Heating
- Forced Air, Gas
- Air Conditioning
- None
- Levels
- Three Or More
- Roof
- Asphalt
- Foundation
- Block
- Parking Features
- Concrete, Driveway, No Garage
- School District
- Cleveland Municipal - 1809
Listing Courtesy of: Joseph Skerbec, joe@premierheights.com With Premier Heights Realty LLC
Selling Office: Berkshire Hathaway HomeServices Professional Realty.Mortgage Calculator
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