871 E 141st ST Save Request In-Person Tour Request Virtual Tour
Cleveland,OH 44110
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Quadruplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 4,550 sqft
Price per Sqft $60
Subdivision Cowles Brooks & Smyths
MLS Listing ID 5149305
Bedrooms 11
Full Baths 7
Year Built 1920
Annual Tax Amount $5,203
Tax Year 2024
Lot Size 4,656 Sqft
Property Sub-Type Quadruplex
Property Description
7-Unit Brick Investment Property 871 E. 141 St., Cleveland, OH
Solid brick 7-unit building with 6 of 7 units occupied. Current rents: $850, $750, $750, $750, $700, $700. One vacant studio ready to lease.
Current Gross Monthly Income: $4,500
Current Gross Annual Income: $54,000
Projected Fully Rented Income: ~$5,100/mo | ~$61,200/yr
Strong rental history, stable tenant base, and great Cleveland location. Reliable cash flow with upside potential ? an excellent portfolio addition.
Location
State OH
County Cuyahoga
Interior
Heating Gas,Hot Water,Steam
Cooling None
Laundry Common Area,Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup,In Basement,Lower Level
Exterior
Parking Features On Street
View Y/N Yes
View City,Neighborhood
Roof Type Asphalt,Fiberglass
Building
Lot Description City Lot
Story 2
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional