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3481 W 50th St
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3481 W 50th St
CLEVELAND, OH 44102

3481 W 50th St CLEVELAND, OH 44102 3481 W 50th St CLEVELAND, OH 44102Get Directions ❯
$219,900

Property Description

INVESTOR SPECIAL! This Multi-Family cash cow boasts 4 RENOVATED units totaling $3,250 in monthly income! All kitchens and bathrooms remodeled, 3 of 4 furnaces are updated, 4 updated hot water tanks, the roof was replaced in 2019, and all updated electrical and plumbing. Unit 1 has 2 bedrooms and is currently renting for $650. Unit 2 has 3 bedrooms and is rented for $900. Unit 3 has 2 bedrooms and was recently vacated, but was rented for $750. Unit 4 is a 3 bedroom and is rented for $950. This gem yields a double digit cap rate, which includes an 8% management fee. All tenants are current on rent. Sit back and collect!

  • Township Cle Between West Blvd & Cuy River
  • MLS ID 4297785
  • Property type: FOUR
  • Status Contingent
  • Estimated Taxes $707

Additional Information

  • Owner's P & L
    Gross Annual Income: $0

    Vacancy Percentage:

    Net Operation Income: $0

    Estimate Annual Taxes: $707

    Aproximate Lot Size


    Status
     Contingent

  • Units Available: 4
    Unit # Bedrooms Full Baths Half Baths Rent
    1 2 1 $650.00
    2 3 1 $900.00
    3 2 1
    4 3 1 $950.00
NEOhRex MLS  Listing Courtesy of: Century 21 Homestar
 

Last updated: 08/02/2021 5:47:24 AM

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