3196 W 43rd Street, Cleveland, OH 44109

$249,900
5
BD
2
BA
2,136
SqFt

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List Price
$249,900
Status
ACTIVE
Stories
2
MLS#
5235512
Year Built
1890
Price Change
▲ $100,000 1786485938
Bedrooms
5
Bathrooms
2
Living Area
2,136
Region
Cleveland
Township
Cleveland

Property Description

Skip the rehab. Skip the vacancy. Skip the hunt for tenants. This one is already working. 3196 W 43rd is back but this time, it comes with income. This fully renovated Cleveland duplex is now 100% occupied and bringing in $2,500 every month, with the 3-bedroom renting for $1,300 and the 2-bedroom renting for $1,200. For an investor, that means no staring at an empty unit wondering when the first rent check is coming. No immediate renovation list. No scrambling to find tenants after closing. Buy it, take over, and let the property do what an investment property is supposed to do. And there’s more here than just the numbers. Sitting on a rare double lot, this property gives tenants something you don't find with every city duplex, a large fenced yard, plenty of outdoor space, and an oversized two-car garage. Inside, both units have already been extensively renovated, giving you an updated property without inheriting someone else's long list of deferred maintenance. The previous listing identifies the property as updated/remodeled with central air, a full basement, appliances, a garage, and a fenced lot. The setup is simple: 5 bedrooms. 2 units. 2 paying tenants. $2,500 a month. No complicated value-add story required. The value has already been added. Now it's time to collect.

Additional Information

Taxes
$983
Acres
0.19
Sewer
Public Sewer
Exterior Features
Balcony
Roof
Asphalt, Fiberglass, Shingle
Water
Public
Garage Spaces
2
Heating
Forced Air
Cooling
Ceiling Fan(s)
School District
Cleveland Municipal - 1809

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Listing Courtesy of: Wayne Brooks, waynebrooksrei@gmail.com With Genstone Realty

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