Cleveland, OH 44109,3173 W 38 ST
Cleveland, OH 44109,3173 W 38 ST
Cleveland, OH 44109,3173 W 38 ST
$200,000
Est. payment /mo
$185,000
8.1%
Est.Price: ?

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8 Beds
4 Baths
3,690 SqFt
SOLD DATE : 01/08/2021

Key Details

Sold Price $200,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,690 sqft

Price per Sqft $54

Subdivision Rhodes Hartnell & Barber

MLS Listing ID 4240006

Sold Date 01/08/21

Bedrooms 8

Full Baths 4

HOA Y/N No

Abv Grd Liv Area 3,690

Year Built 1924

Annual Tax Amount $2,080

Lot Size 5,039 Sqft

Acres 0.1157

Property Description

Calling all investors, this 100% occupied four suite apartment building is an amazing investment opportunity in the popular Clark Fulton Neighborhood. Conveniently located 10 minutes from the Steelyard shopping district and 5 minutes from the new Metro Hospital complex. The building is very well maintained by a professional management team and dedicated owner. All four sets of tenants are respectful of each other, extremely clean and pay on time. All four sets of tenants are happy and want to stay long term. Excellent gross ROI of 17.08%
Updated paint, exterior and security doors, newer water tanks, newer vinyl windows and screens. Low water/sewer bills and taxes!
Each unit has it's own furnace and washer dryer hook ups.
The full unfinished split level basement can be converted into a 5th apartment for even more future income potential. The well lit, four space parking lot and front and back entrances for each apartment offer tenants convenience and safety.

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Location

State OH

County Cuyahoga

Direction West

Rooms

Basement Unfinished

Interior

Heating Forced Air, Gas

Cooling None

Fireplace No

Exterior

Garage Paved

View Y/N Yes

Water Access Desc Public

View City

Roof Type Asphalt,Fiberglass,Flat

Parking Type Paved

Building

Lot Description Corner Lot

Faces West

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 007-30-060

Financing Conventional

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Listed by Danielle M Acosta • Key Realty
Bought with Santina Saporito • Howard Hanna

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Holly Ritchie

Team Leader | License ID: C2001021919

+1(330) 360-5323

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