3523 E 140th StreetCleveland, OH 44120

3523 E 140th StreetCleveland, OH 44120

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$305,000 Active
Multi Unit - Multiple MLS 5175704
8 beds 4 full baths 4,062 sqft
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Listed By

Agency Name: EXP Realty, LLC.
Agency Contact: latanya216realtor@yahoo.com, 216-272-9094

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Welcome to this all-brick, well maintained 4-unit building, an excellent addition to any investor's portfolio. This property offers strong rental potential with major updates already completed, giving peace of mind for years to come. Fresh interior paint, updated flooring, and new fixtures throughout each unit. Key mechanicals have been upgraded, including a new roof, new hot water tanks, new furnaces, updated electrical & panels, and updated plumbing. The building also includes glass block windows in the basement and newer windows throughout. Whether you're expanding your portfolio or looking for a turnkey asset, this property delivers quality, durability, and dependable income potential. One unit is rented out for $900, and the others are being marketed or $900-1000 per month. NO SELLER FINANCING!!!!! Don't miss this opportunity to secure a solid, income-producing asset! Conveniently located near shopping, schools and restaurants.

3523 E 140th Street | MLS# 5175704

This multi-family property located at 3523 E 140th Street, Cleveland, OH 44120 is currently listed for sale with an asking price of $305,000. E 140th Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on 486royeravenuenw.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full, Unfinished
Basement: Yes
Cooling: None
Days on Market: 88
Garage: 4
Heating: Forced Air
Lot Size: 0.15 Acres
Roof Type: Flat
Stories: 2.0
Taxes: $2,865 / year
Year Built: 1926

Feature Descriptions

Exterior: Brick
Parcel#: 139-01-157
Parking: Detached, Garage
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Demographics

Cuyahoga County Demographic Information for 3523 E 140th Street, Cleveland, OH 44120
Fips
Fips Code 39035
Population
2020 to 2023 Change down 2.5%
2010 Count 1,280,122
2020 Count 1,264,817
2023 Estimate (V2023) 1,233,088
2020 Estimate (V2023) 1,264,775
Age Distribution (Years Old)
0 to 4 5.3%
5 to 17 20.3%
18 to 64 54.8%
65 and Older 19.6%
Gender
Male 48.1%
Female 51.9%
Place of Birth
Foreign 7.6%
US 92.4%
Education
High School Graduate, Age 25+ 90.9%
Bachelor's Degree or Higher, Age 25+ 35.2%
Computer and Internet use
Households with a computer 92.0%
Households with a broadband Internet subscription 85.7%
Language
English is Second Language, Age 5+ 12.3%
English is First Language, Age 5+ 87.7%
Veterans
Veterans 60,427
Income
Per Capita Income $39,807
Median Household Income $60,074
People in Poverty 16.6%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 615,116
Households 552,421
Average Household Size 2.23
Owner-Occupied 58.4%
Multi-Family 34.9%
Owner-Occupied Median Value $168,700
Median selected monthly owner costs -with a mortgage $1,472
Median selected monthly owner costs -without a mortgage $630
Median gross rent $952
Building Permits
New Private Housing Issued 2023 1,028
Years at Residence
1 Year or More 86.1%
Less Than 1 Year 13.9%
Business and Employment
Private non-farm Establishments 31,738
Private non-farm Employment 631,443
Private non-farm Employment Growth up 0.7%
Nonemployer Establishments 105,877
Number of Firms 114,192
Business Production
Value of Shipments $23,225,392,000
Wholesale Trade $24,854,217,000
Retail Trade $16,920,714,000
Retail Sales Per Capita $11,914
Accommodation and Food Services $3,332,698,000
Land
Land Area 457.19 sq. miles
Population Per Square Mile 2,800

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 1,815.81 per month $1,488.10 Principal & Interest $238.75 Property Tax $88.96 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage
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