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3621 W 47th Street

Cleveland, OH 44102
  • $105,700
  • STATUS: Contingent
  • ON SITE: 81 Days
  • MLS #: 4389810
Under Contract
UPDATED: 26 min ago
$105,700
  • 4
    BEDS
  • 0.08
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,640
    SQFT
  • $40
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:

School Ratings & Info

School District:
Listing courtesy of Howard Hanna.
Listing information © 2022 YES-MLS.

Description

READ ON! Investment Cash Cow or Owner occupied Tenant makes YOUR Mortgage payment!! Solid Structure, Roof, Foundation, Mechanicals two-family colonial w/ potential of more space (attic refinishing) which leads to increased rents! Private Full size backyard. Interior open flowing concept with 2 bedrooms each unit! Real tongue and groove hardwood floors underneath carpet! Add imagination TLC finishing to this property and increase the rent to $1,000 per unit upping net cash flow by $300 per month!*******So That's over $1,000 per month and $12,000 per year net!. Gross rents ($850 each unit) = $1,700 Less: [Operating Expenses ($405) Taxes $114 Insurance $91, Water/Sewer & Waste Collection $200] = Net Operating Income $1,295 Less: Debt Service 100K@5% over 30 years ($538) Net Cash Flow $757. *See attached Cash Flow Statement.

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Listing information © 2022 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than Jose Medina and Associates | Keller Williams Legacy Group Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2022-09-28T19:08:48.557.
www.mystarkcountyhome.com/homes/130687059
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3621 W 47th Street Cleveland, OH 44102

  • Price: $105,700
  • Status: Contingent
  • On Site: 81 Days
  • Updated: 26 min ago
  • MLS #: 4389810
4
Beds
2
Baths
0
½ Baths
0.08
Acres
2,640
SQFT
$40
$/SQFT
1900
Built
Neighborhood:
T I Kerns Allotment
County:
Cuyahoga
Area:
Cle Between West Blvd & Cuy River
School District:
Cleveland Municipal
Property Description
READ ON! Investment Cash Cow or Owner occupied Tenant makes YOUR Mortgage payment!! Solid Structure, Roof, Foundation, Mechanicals two-family colonial w/ potential of more space (attic refinishing) which leads to increased rents! Private Full size backyard. Interior open flowing concept with 2 bedrooms each unit! Real tongue and groove hardwood floors underneath carpet! Add imagination TLC finishing to this property and increase the rent to $1,000 per unit upping net cash flow by $300 per month!*******So That's over $1,000 per month and $12,000 per year net!. Gross rents ($850 each unit) = $1,700 Less: [Operating Expenses ($405) Taxes $114 Insurance $91, Water/Sewer & Waste Collection $200] = Net Operating Income $1,295 Less: Debt Service 100K@5% over 30 years ($538) Net Cash Flow $757. *See attached Cash Flow Statement.
Exterior Features

Construction Materials Other Exterior Features Paved Driveway Fencing FullWood Garage YN No Parking Features No Garage Roof AsphaltFiberglass

Interior Features

Basement Full Basement YN Yes Below Grade Finished Area 880 Building Area Total 2640 Cooling None Cooling YN No Heating Forced AirGas Heating YN Yes Laundry Features Common Area

Property Features

Above Grade Finished Area 1760 Home Warranty YN No Number Of Units In Community 2 Ownership Resident Property Sub Type Duplex Sewer Public Sewer Township Cleveland Water Source Public Year Built Details Actual Ybt

Listing information © 2022 YES-MLS.
Listing provided courtesy of Howard Hanna: (330) 468-6833.
Listing information © 2022 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than Jose Medina and Associates | Keller Williams Legacy Group Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2022-09-28T19:08:48.557.
 
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Jose Medina and Associates | Keller Williams Legacy Group Realty
1401 South Main St. Suite 101
North Canton OH, 44720
Listing courtesy of Howard Hanna.
Listing information © 2022 YES-MLS.