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Chris Bergin, Sales Associate
SOLD
$225,000
Date 07/28/2023

3403 E 140th Street
Cleveland, OH 44120

Single Family, Apartment
Residence
5,128
Sqft
0.1194
Lot Size
Courtesy: Market First Real Estate Services
Recently renovated, LEAD CERTIFIED, 6-UNIT CASH COW generating gross rents of $3,959 / month on full occupancy with a 13-14% Cap Rate ready to generate the next owner consistent CASH FLOW each month. Nearly all units have been renovated in the last 12 months, with nearly $70k worth of improvements made to the property since purchase. The property consists of four, 1 bed / 1 bath configs, and two, 2 bed / 1 bath configs. P&L, NOI Calculations, Leases, other due diligence documents, as well as showings all available upon accepted offer. Unit breakdown & rent details available below:Unit #1 - $630 (currently occupied with a market tenant, 1/1 config)Unit #2 - $650 (vacant - tenant to be placed before EOM, 1/1 config)Unit #3 - $700 (currently occupied with a market tenant, 2/1 config)Unit #4 - $650 (vacant tenant to be placed before EOM, 1/1 config)Unit #5 - $629 (currently occupied with a subsidy tenant, 1/1 config)Unit #6 - $650 (vacant - tenant to be placed before EOM, 1/1 config)
4431189
Single Family, Apartment, Other
Cuyahoga
1924
0.1194 Acres
Public
Public Sewer
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Courtesy: Market First Real Estate Services
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