USAOHCleveland1141 E 148Th St
1141 E 148 Th St, House other with 5 bedrooms, 3 bathrooms and null parking in Cleveland OH | Image 1
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$129,000

1141 E 148 Th St, Cleveland, OH

House

For Sale

$--,---,---
530
  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 2700 sqft
Garage No
Taxes $907
Days Active 0
Lot Size 
Approx. Age 1919
Avg. Price Per Sqft $47
MLS® Number 5148359

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

High-ROI Turnkey Duplex – Fully Occupied, 15% Cap Rate, Instant Cash Flow! Do you like checks in the mail every month? Rare opportunity for real estate investors! This income-producing duplex is fully rented with stable, long-term tenants. Upstairs unit rents for $1, 129/mo and downstairs for $1, 269/mo, generating $2, 398/month - $28, 776/year in gross rental income. At a purchase price of $129, 000, that’s an impressive 15% capitalization rate with immediate positive cash flow. Both units have separate utilities, strong rental history, and is located close to shopping, dining, schools, and major highways. Perfect for buy-and-hold investors, 1031 exchange buyers, and cash-flow seekers. Low-maintenance investment property in a market with rising rents—add this turnkey rental property to your portfolio today! WHEN OFFERING: Proof of funds required. Cash offers will be considered before offers contingent on bank financing. $2K EMD. Cash Flow, ROI, Below Market, Handyman Special, rehab, as-is, motivated seller, must sell, relocation, estate sale, foreclosure, short sale, investment property, income property, developing area, high growth area, potential, add valueShow Description
MLS® Number5148359
Laundry Level
Central VacNo
FireplaceNo
Acreage0.0651
ExteriorAwnings, Balcony
GarageNo
Approx. Age1919
Basement
DrivewayDirect Access
Garage Spaces
HeatGas
A/CNone
Heating Fuel

Extras

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