OH > Cleveland > L M Southerns Allotment
Cleveland, OH 44108,491 E 114th ST
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Cleveland, OH 44108,491 E 114th ST
Cleveland, OH 44108,491 E 114th ST
Cleveland, OH 44108,491 E 114th ST
Cleveland, OH 44108,491 E 114th ST
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Daisy Lane Realty

Daisy Lane Realty

+1(330) 209-3081
$ 124,900
Est. payment /mo
Save
Active Under Contract

491 E 114th ST Cleveland, OH 44108

5 Beds

3 Baths

2,363 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Triplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,363 sqft

Price per Sqft $52

Subdivision L M Southerns Allotment

MLS Listing ID 5102845

Bedrooms 5

Full Baths 3

HOA Y/N No

Abv Grd Liv Area 2,363

Total Fin. Sqft 2363

Year Built 1910

Annual Tax Amount $719

Tax Year 2024

Contingent Appraisal,Inspections

Lot Size 3,502 Sqft

Acres 0.0804

Property Sub-Type Triplex

Property Description

Calling all INVESTORS!! Check out this well-maintained 3-unit property. First floor unit is tenant occupied m2m for $750 and includes two bedrooms and one bath. Second floor unit is vacant and currently marketed for rent iat $900. This also includes two bedrooms and one bath. Third floor efficiency is tenant-occupied m2m for $475. Beautiful hardwood floors throughout with open kitchens that include GRANITE countertops. Large dining rooms with built in cabinets. Low-maintenance vinyl windows. 100-AMP electrical service with updated panels. Vinyl windows. unfinished basement is 1043 Sq ft. All mechanicals are in good working order. GMR should be $2100, well surpassing the 1% Rule. With an annual rental income of around $25,000, you should be able to get at least a 10-CAP.

Location

State OH

County Cuyahoga

Rooms

Basement Concrete, Unfinished

Interior

Heating Forced Air, Gas

Cooling None

Fireplace No

Laundry Washer Hookup, Electric Dryer Hookup

Exterior

Parking Features Concrete, Driveway, No Garage

Water Access Desc Public

Roof Type Asphalt

Garage false

Private Pool No

Building

Entry Level Three Or More

Foundation Block

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 111-02-078

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Listed by Joseph Skerbec • Premier Heights Realty LLC • 216-860-0005 sophie@premierheights.com
agent
Daisy Lane Realty

Brokerage

+1(330) 209-3081 | daisylanerealty2024@gmail.com

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491 E 114th ST