Listed By
Agency Name: Keller Williams Living
Agency Contact: Erinthomas@kwcommercial.com, 440-670-2300
Shown By
Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575
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Property Description
Well-maintained 4-unit apartment building offering immediate cash flow with value-add upside. Three units are currently occupied at $850/month, with one vacant unit needing minor updates that could support higher rent once completed. All units feature 2 bedrooms and 1 bathroom. Tenants pay their own gas and electric, helping keep operating expenses low. Property is lead certified and provides a solid foundation for investors looking to increase returns through light improvements and rent growth. Roof is older and priced accordingly. Conveniently located near the shops, restaurants, and transit of Shaker Square and Shaker Town Center, making it an attractive rental location with consistent demand. Strong opportunity to increase income while collecting rents from day one.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: None
Days on Market: 8
Heating: Forced Air
Lot Size: 0.12 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $3,594 / year
Year Built: 1925
Amenities
Balcony
Feature Descriptions
Exterior: Brick
Laundry: Common Area
Lot: Flat, Level
Parcel#: 130-13-101
Parking: Paved
Patio/Porch: Balcony
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
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Estimated Payment
$ 1,539.94 per month $1,170.47 Principal & Interest $299.50 Property Tax $69.97 Homeowner's InsuranceChange Payment Information
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3423 E 140th Street | MLS# 5181531
This multi-family property located at 3423 E 140th Street, Cleveland, OH 44120 is currently listed for sale with an asking price of $239,900. E 140th Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.cutlerhomes.com today.