$169,900

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3719 W 42 Street Cleveland, OH, United States 44109

$3440 in potential rent would make this duplex a 20% Cap!!! Fully occupied, month to month tenants. Unfinished 3rd floor for even more income! Close to the newly renovated MetroHealth Campus! Minutes from the many amenities of downtown Cleveland, Tremont & Ohio City! Month to month tenants, well below market rent. Market Rent for the area is approximately $1200-$1250 per month per unit ($2400-$2500/mo). CMHA Rental Rate for 3 Bedrooms in 44109 is $1720/mo. which would generate potentially $3440/mo. in government subsidized rental income! Unique property layout featuring 3 bedrooms in each unit. 3 Bed / 1 Bath - Upstairs Unit. 3 Bed / 2 Bath - Downstairs Unit. Don't miss the opportunity to add this property to your portfolio!

Amenities

  • Bedrooms: 6
  • Full Bathrooms: 3
  • Partial Bathrooms: 0
  • Property Type: Residential
  • Architectural Style: Other
  • Year Built: 1885
  • Built in 1885
  • Home size: 1,864 ft2 / 173.17 m2
  • MLS: 5045084
  • Status: Active
Copyright © 2024 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Property brokered by

Russell Real Estate Services

(800) 556-6530

Get more listing details on brokerage site

Presented by Kyle Jefferson

  • (440) 526-9400
  • (440) 526-9400 (Office Phone)

Contact Kyle Jefferson

Contact Agent

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