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3416 E 139th St
Cleveland, OH 44120
Multifamily Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- All-brick 6-unit building
- New vinyl flooring, fresh paint, updated kitchens & baths throughout
- Desirable rental area
- Fully renovated
- Individual furnaces & water heaters
- Projected to deliver nearly a 20% cash-on-cash return once fully occupied
EXECUTIVE SUMMARY
Investor special! Don’t miss this fully renovated, all-brick six-unit building offering an exceptional opportunity for strong returns. With two 1-bedroom units and four 2-bedroom units, each equipped with individual furnaces and water heaters, this turnkey asset has undergone a full transformation—featuring new vinyl flooring, fresh paint, and updated kitchens and baths throughout. All major improvements are complete; all that’s left is to lease up to market-rate or Section 8 tenants. Located in a desirable rental area, this low-maintenance property is projected to deliver nearly a 20% cash-on-cash return once fully occupied. A rare chance to add a high-yield, hassle-free property to your portfolio!
PROPERTY FACTS Under Contract
| Price Per Unit | $68,317 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.23 AC |
| No. Units | 6 | Building Size | 6,320 SF |
| Property Type | Multifamily | Average Occupancy | 0% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1926 |
| Zoning | LOW DEN APT | ||
| Price Per Unit | $68,317 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 6,320 SF |
| Average Occupancy | 0% |
| No. Stories | 2 |
| Year Built | 1926 |
| Zoning | LOW DEN APT |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | - | - |
| 2+1 | 4 | - | - |
PROPERTY TAXES
| Parcel Number | 130-12-097 | Improvements Assessment | $47,075 |
| Land Assessment | $5,180 | Total Assessment | $52,255 |
PROPERTY TAXES
Parcel Number
130-12-097
Land Assessment
$5,180
Improvements Assessment
$47,075
Total Assessment
$52,255
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