1292 E 137th ST Active Save Request In-Person Tour Request Virtual Tour
East Cleveland,OH 44112
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,864 sqft
Price per Sqft $27
Subdivision Ch Covills Sub
MLS Listing ID 5102673
Bedrooms 6
Full Baths 3
Year Built 1926
Annual Tax Amount $675
Tax Year 2024
Lot Size 4,800 Sqft
Property Sub-Type Duplex
Property Description
Nicely maintained duplex is ready for its next owner!! Cozy first floor unit, with 2 beds and 1 bath, is currently being advertised for rent for $800. It features beautiful hardwood floors throughout and features a large dining room with built-ins, an open kitchen with granite countertops, making it very desirable to prospective tenants. The spacious upper unit includes BOTH the 2nd and 3rd floors, and features 4 bedrooms and 2 bathrooms! It is currently being marketed for $1300, making the total potential rent of over $2,000/month. At $24,000 in GRI, this property beats both the 1% Rule and a 10-Cap standard, making it a fantastic investment property. Other upgrades: 100-AMP electrical service with updated panels. Vinyl windows. Unfinished basement is 1131 sq. ft. All mechanicals are in good working order. POS application has been submitted. Schedule your tour today.
Location
State OH
County Cuyahoga
Interior
Heating Forced Air,Gas
Cooling None
Laundry Washer Hookup,Electric Dryer Hookup
Exterior
Parking Features Concrete,Driveway
Roof Type Asphalt
Building
Foundation Block
Sewer Public Sewer
Water Public
Schools
School District East Cleveland Csd - 1812
Others
Acceptable Financing Cash,Conventional,1031 Exchange
Listing Terms Cash,Conventional,1031 Exchange
Special Listing Condition Standard