3852 E 140th Street, Cleveland, OH 44128

$249,000
6
BD
4
BA
3,088
SqFt

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List Price
$249,000
Status
ACTIVE
Stories
2
MLS#
5226935
Year Built
1927
Bedrooms
6
Bathrooms
4
Living Area
3,088
Region
Cleveland
Township
Cleveland
Subdivision / Building
South View

Property Description

This absolute showstopper is an exceptional investment opportunity! This massive brick duplex offers over 3,000 square feet with two spacious units, the lower unit features 3 bedrooms, 2 full bathrooms, generous living areas, functional kitchens, and adjoining dining spaces. the upper unit offers an additional 1,200-square-foot finished third floor includes 2 bedrooms and 1 full bathroom, creating the potential to convert the property into a triplex or expand the upper unit into a 5-bedroom, 3-bathroom residence with approximately 4,200 square feet of living space. Extensively updated throughout, the property features a brand-new roof, newer windows, all new plumbing, updated electrical, new hot water tanks, renovated kitchens with quartz countertops and new cabinetry, updated bathrooms with tiled showers, a finished basement rec room, plus a sunroom and patio for each unit. Fully vacant, with market rents of approximately $1,500 per month per unit, this property is ready to generate strong cash flow. Located in Cleveland, just minutes from Garfield Park Reservation, Miles Playfield, major roads, public transportation, shopping, schools, restaurants, and all local amenities, this is an outstanding opportunity for investors seeking a large, updated, and versatile income-producing property. Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors! Whether you’re looking to maximize cash flow, expand your portfolio with a low-maintenance asset, or unlock additional value through future improvements, this remarkable property offers the size, flexibility, and updates to make it an exceptional investment opportunity. No wholesalers. No Seller financing. No low ball offers.

Additional Information

Taxes
$2,115
Acres
0.14
Sewer
Public Sewer
Roof
Asphalt, Fiberglass
Water
Public
Garage Spaces
2
Heating
Forced Air
Cooling
None
School District
Cleveland Municipal - 1809

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Calculator source: Real Geeks

Listing Courtesy of: Michael Azzam, mike@theazzamgroup.com With RE/MAX Haven Realty

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