Cleveland, OH 44103,1560 E 43rd ST
$24,775
$19,900
24.5%
Est.Price: ?

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4 BD
3 BA
5,318 Sqft Lot

1560 E 43rd ST Cleveland, OH 44103

Est. payment /mo
SOLD DATE : 07/13/2020

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Key Details

Sold Price $24,775

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Subdivision James M Hoyts

MLS Listing ID 4196735

Sold Date 07/13/20

Bedrooms 4

Full Baths 3

HOA Y/N No

Year Built 1900

Annual Tax Amount $1,363

Lot Size 5,318 Sqft

Acres 0.1221

Property Sub-Type Triplex

Property Description

ATTENTION INVESTORS: HIGH CAP RATE AND GREAT ROI! Sweat equity opportunity in the heart of the highly desirable SUPERIOR-PAYNE area of Cleveland where recent sales of single unit condos have topped $150,000. Property has potential cash flow of $25,000.00 per year! Taxes are LESS THAN $1000 PER YEAR. The property features two homes - a single and a two-family. Needs complete renovation estimated at $35,000 to $45,000 but priced right w/ loads of potential. Located on the public transportation line (highly attractive to tenants) and is less than a mile from University Circle and Cleveland State University. This area is well-known for attracting graduate and medical school students as tenants. The buyer must agree to have the property occupied within 180 days from closing. The cash flow, location, low taxes, and rising property values in this area make this a can't miss investment opportunity!

Location

State OH

County Cuyahoga

Interior

Heating Forced Air, Gas

Cooling None

Fireplace No

Exterior

Parking Features Paved

Garage Spaces 2.0

Garage Description 2.0

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Building

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 104-26-043

Financing Cash

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Listed by Keirsha T Evans • DreamTeam Realty, Inc.
Bought with Aaron Harden • HomeSmart Real Estate Momentum LLC

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agent

Epique Realty

Company | License ID: DRE01797917

+1(512) 387-0722

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