3386 E 137th Street
Cleveland, OH, 44120 $ 139,900
Bedrooms5 Baths3.0 Sq 4,662 Monthly Estimate*
$ 977
for $139,900 with 5 bedrooms and 3 full baths. This 4,662 square foot home was built in 1920 on a lot size of 0.1258.
5Bed 3Bath, totaling 4662 sqft!Welcome to 3386 E 137th Street, where opportunity meets value in the vibrant Cleveland real estate market! This impeccably maintained triplex presents a compelling investment opportunity that combines both comfort and financial potential. Featuring two spacious 2-bedroom, 1-bathroom units on the first and second floors, and a cozy 1-bedroom, 1-bathroom unit on the third floor, this property offers versatile living arrangements to attract a variety of tenants.With the potential to generate an impressive $2400 per month in rental income, this triplex shatters the 1% rule and stands as a lucrative addition to any investor's portfolio. Its financial appeal is further enhanced by key features designed to ensure a seamless and attractive rental experience for tenants. Step into the first-floor unit, where gleaming hardwood floors adorn the expansive living and dining areas, leading to a well-appointed kitchen and two generously sized bedrooms. Ascend to the second floor to discover another meticulously crafted unit boasting hardwood floors, a recently remodeled kitchen, and upgraded fixtures throughout. The third floor offers a charming retreat with its cozy layout, fresh flooring, and inviting living space – perfect for attracting tenants seeking comfort and convenience. Convenience is paramount with three separate electric meters, streamlining management for landlords and enhancing tenant satisfaction. Additionally, the property's proximity to local amenities, including shops and the esteemed Cleveland Hospital, ensures convenience and accessibility for residents. Rest assured, this investment is supported by professional property management, providing peace of mind and efficient maintenance to optimize returns for savvy investors. Seize the opportunity to capitalize on Cleveland's thriving real estate market with 3386 E 137th Street. Schedule a viewing today and unlock the full potential of this exceptional investment opportunity!
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FeaturesGeneralSewer PublicSewer
Heating ForcedAir Gas
Cooling None
Possession DeliveryOfDeed
Roof Asphalt Fiberglass
Garage Spaces 0.0
Construction Materials VinylSiding
Year Built 1920
Tenant Pays CableTV Electricity Gas Heat
Stories 3
Township Cleveland
Levels ThreeOrMore
Property SubType Triplex
Tax Year 2023
County Cuyahoga
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Subdivision Name Mount Pleasant
Facing Direction East
Garage Y/N N
Total Rooms 14
Status Pending
Directions Near the corner of Kinsman and E 137th Street.
City Cleveland
Buyer Agent Compensation 3/2
View Y/N N
Senior Community Y/N N
High School District Cleveland Municipal - 1809
Waterfront Y/N N
Carport Y/N N
Street Name 137th
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 519.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 31
Standard Status Pending
Middle/Junior School District Cleveland Municipal - 1809
Elementary School District Cleveland Municipal - 1809
Property Sub Type Additional Triplex
Buyer Agent Compensation Type Item1
Legal Description 446 KINSDEV 0016 ALL
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InteriorBasement Full Unfinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 2331.0
Full Baths 3
Half Baths 0
Street Suffix Street
Laundry Features None
Total Bedrooms 5
Below Grade Finished Area 2331.0
Electric On Property Y/N N
Main Level Bathrooms 0
Below Grade Finished Area Source Realist
Above Grade Finished Area Source Realist
Total Baths 3
Living Area Units SquareFeet
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ExteriorParking Features NoGarage Paved
Water Source Public
Lot Size Area 0.1258
Number of Buildings 1
Spa N
Lot Size Acres 0.1258
Lot Size Units Acres
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList ByKeyano BurgessListing Agent
keyano.realtor@keysoldit.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $977
- Monthly Property Taxes
- $43
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyAbout Cleveland, OH 372,504 Population
-22% Since 2002
$ 27,719 Median Income
37.02 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
4457612 Elementary School
4457721 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
3/18/2024 | $139,900 | | Listed Price |