3062 W 51st ST Active Save Request In-Person Tour Request Virtual Tour
Cleveland,OH 44102
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,785 sqft
Price per Sqft $108
Subdivision Taylor & Hoyts
MLS Listing ID 5097636
Bedrooms 5
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 1,785
Year Built 1890
Annual Tax Amount $1,564
Tax Year 2024
Lot Size 10,558 Sqft
Acres 0.2424
Property Sub-Type Duplex
Property Description
Attention investors and house hackers! Add this newly renovated property to your portfolio today! The property is currently vacant and ready for immediate occupancy for tenants you can choose. Live in one unit and rent the other or rent out both units for cash flow. The lower unit is a 3 bedroom unit with a large porch and a large basement. It includes a fully equipped kitchen, complete with a microwave, stove, and refrigerator. The upstairs unit has a separate entrance and 2 bedrooms. The approximate market rent, per CMHA allowance, for a 3-bedroom unit is $1,468, and a 2-bedroom unit is $1,129. This creates an impressive potential cash flow of $2,597. Units are individually metered. Don't let this opportunity slip by—make it yours today!
Property includes two parcels #006-23-060 and #006-23-059. Back on market due to buyer's financing fell through.
The seller is a licensed real estate broker in the state of Ohio. Seller will review all offers on Monday, March 17th at 1pm. Schedule your showing now.
Location
State OH
County Cuyahoga
Rooms
Basement Full,Unfinished
Interior
Heating Forced Air,Gas
Cooling None
Fireplace No
Appliance Microwave,Range,Refrigerator
Exterior
Parking Features Concrete,Driveway,Gravel
Water Access Desc Public
Roof Type Asphalt
Private Pool Yes
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 006-23-060
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan
Special Listing Condition Standard