Cleveland, OH 44102,3233 W 56th ST
Cleveland, OH 44102,3233 W 56th ST
Cleveland, OH 44102,3233 W 56th ST
$129,000
Est. payment /mo
$149,900
13.9%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

6 Beds
4 Baths
2,968 SqFt
SOLD DATE : 10/24/2024

Key Details

Sold Price $129,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,968 sqft

Price per Sqft $43

Subdivision Hoyt

MLS Listing ID 5054194

Sold Date 10/24/24

Bedrooms 6

Full Baths 4

Construction Status Fixer

HOA Y/N No

Abv Grd Liv Area 2,968

Year Built 1900

Annual Tax Amount $1,828

Tax Year 2023

Lot Size 5,009 Sqft

Acres 0.115

Property Description

Calling all investors and flippers! This four-unit property on Cleveland's coveted West Side presents an extremely rare value-add opportunity with a projected gross annual rent of over $42,000 per year! The building is completely vacant due to a recent fire affecting primarily the upstairs unit, while the other three units sustained minimal damage. The fire-damaged unit will need a full renovation, but the other three units require only minor updates to become rent-ready for strong tenants. The property has two 2-bedroom 1-bath units, one 1-bedroom 1-bath unit, and one studio apartment. The property has updated electrical, good furnaces and newer and separate water heaters! Don't miss this chance to capitalize on a true value-add investment in a prime Cleveland location! Professional Management currently in place & is available moving forward with multiple pricing packages (inquire for more info) They have managed it since 2018.

Location

State OH

County Cuyahoga

Rooms

Basement Partial, Unfinished

Interior

Heating Forced Air

Cooling None

Fireplace No

Exterior

Garage On Street

Waterfront No

Water Access Desc Public

Roof Type Composition

Parking Type On Street

Private Pool No

Building

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Construction Status Fixer

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 016-10-053

Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, VA Loan

Listing Terms Cash, Conventional, 1031 Exchange, FHA, VA Loan

Financing Other

Special Listing Condition Standard

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Listed by Tal Tamir • Russell Real Estate Services • tal@premierclevelandinvesting.com 216-870-8687
Bought with Tal Tamir • Russell Real Estate Services

GET MORE INFORMATION

Holly Ritchie

Team Leader | License ID: C2001021919

+1(330) 360-5323

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.