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E Th St, Cleveland, Home For Sale
3408 E 140th St, Cleveland, Ohio, 44120

E Th St, Cleveland, Home For Sale

house for sale
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Listed: 08/15/24

3408 E 140th St, Cleveland, Ohio, 44120

5 Bed:
2 Bath:
1,602 Sq Ft Living Area:
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Price
$ 129,900

About This House

Attention savvy investors! Here's an unbeatable chance to acquire a high-yield, cash-flowing duplex in bustling Cleveland. Fully occupied and generating$2, 200per month, this property features a 2-bedroom unit at$1, 050and a 3-bedroom unit at$1, 150,with the owner covering all utilities for added tenant appeal. With a remarkable cap rate exceeding 12% and a phenomenal cash-on-cash return of over 22%, this investment shows great promise with significant returns. The duplex has undergone some updates, including fresh paint, new furnace and water tank, sleek vinyl flooring, and some kitchen and bathroom upgrades. Dont miss this golden opportunity to enhance your portfolio with a property that combines substantial income with low maintenance and high tenant satisfaction!

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Mount Pleasant Housing & Living

Household Income

Median household income: $29,953
Number of households: 173,025
The average household income in Cleveland, OH grew from $28,974 to $29,953 in the past year. This data is an estimate based upon 173,025 households in Cleveland, OH.
The chart below presents how household income is distributed in Cleveland, OH in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Cleveland, OH compared to median property taxes around the country. The prevalent amount of property taxes in Cleveland, OH equals $800-$1,500 , which is less than the national average.