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3248 E 139th Street, Cleveland, OH 44120

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For Sale

$589,000

0.22 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • 0.2 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

Incredible opportunity to acquire an absolutely TURNKEY 8 unit property bringing in nearly $7,000 per month currently! This property contains (8) two bedroom, one bathroom units that have all been completely renovated including vinyl plank flooring, paint, updated kitchens with new cabinets, and updated bathrooms. In addition, ALL NEW MECHANICALS have been installed (furnaces & HWT's) as well as electrical and plumbing updated. The roof was also completely replaced in the last couple years. This is truly a turnkey opportunity and will allow a new owner walk into consistent cash flow right from day 1! Rents are currently under market and a savvy owner can easily bring the income to $8,000+ per month through organic rent bumps (or more through renting to section 8, voucher holding tenants)! There is also coin operated laundry in the basement as an added amenity for tenants. Tenants are responsible for gas and electric. Owner pays water/sewer and trash.
MLS# 5141519

Courtesy Of Key Realty, LTD

(877) 593-7589

Property Features

  • Age
    Over 50 Years Old
  • Heating System
    Forced Air
  • Lot Size
    0.22 Acres

Map and Directions

Directions to 3248 E 139th Street, Cleveland, OH 44120

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CENTURY 21 HomeStar

(440) 449-9100
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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