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3190-3192 Scranton Road, Cleveland, OH 44109

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For Sale

$165,000

6 beds2 baths2,697 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $61.18
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

This multi-family side-by-side property features 3 bedrooms in each unit and is located in a revitalized area experiencing continued growth. With strong demand in the neighborhood, this property provides an excellent opportunity for an investor. For those considering a flip, there is plenty of upside with value-add improvements. For those seeking a buy-and-hold investment, the numbers are equally promising-CMHA and fair market rents are estimated at $1,329 per unit, with room for future increases. Additionally, each unit offers the potential to finish the third floor, creating a fourth bedroom and further increasing rental income and property value. For added ease and peace of mind, both hot furnaces are less than 3 years old. Whether your strategy is to flip for profit or hold for steady cash flow, this property offers flexibility, updates where it counts, and long-term potential.
MLS# 5158424

Courtesy Of Greater Cleveland

(216) 839-5500

Property Features

  • Age
    Over 50 Years Old
  • Heating System
    Forced Air
  • Lot Size
    0.13 Acres
  • Rooms
    Basement

Home seller CENTURY 21 Premiere Properties

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Premiere Properties

(216) 455-7677
Learn More About Us

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Monthly Payment Breakdown

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