871 E 141st ST Save Request In-Person Tour Request Virtual Tour
Cleveland,OH 44110
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active Under Contract
Purchase Type For Sale
Subdivision Cowles Brooks & Smyths
MLS Listing ID 5149600
Year Built 1920
Annual Tax Amount $5,203
Tax Year 2024
Lot Size 4,656 Sqft
Property Sub-Type Apartment
Property Description
7-Unit Brick Investment Property 871 E. 141 St., Cleveland, OH
Solid brick 7-unit building with 6 of 7 units occupied. Current rents: $850, $750, $750, $750, $700, $700. One vacant studio ready to lease.
Current Gross Monthly Income: $4,500
Current Gross Annual Income: $54,000
Projected Fully Rented Income: ~$5,100/mo | ~$61,200/yr
Strong rental history, stable tenant base, and great Cleveland location. Reliable cash flow with upside potential ? an excellent portfolio
Location
State OH
County Cuyahoga
Interior
Heating Forced Air,Gas,Hot Water,Steam
Cooling None
Exterior
Fence None
Roof Type Flat
Building
Foundation Basement
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard