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718 E 124th Street

Cleveland, OH 44108
  • $175,000
  • STATUS: Contingent
  • ON SITE: 64 Days
  • MLS #: 4335003
Under Contract
$175,000
  • 8
    BEDS
  • N/A
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 6,489
    SQFT
  • $27
    $/SQFT
Type:
Multi-Family
Built:
1920
County:

School Ratings & Info

School District:
Listing courtesy of Century 21 Homestar.
Listing information © 2022 YES-MLS.

Description

Rare opportunity! Owner has done some SERIOUS heavy lifting here. Massive improvements made in 2021. Brand new furnaces x 4. New water heater X 4 electrical panel X 4. New wiring all the way to the street including a very heavy duty meter block inside. All new PEX plumbing throughout building and new PVC drains where needed. NEW ROOF and approx. 16 new windows installed. Units have been refreshed with some having newer fixtures and recent service. FULLY OCCUPIED 4 units paying a combined $2820 a month. That's a staggering 21.75% Gross ROI. Don't let this cash cow slip away!

Monthly Payment Calculator

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 The Holden Agency 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 2022-01-27T00:07:51.83.
www.theholdenagencyre.com/homes/123502240
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718 E 124th Street Cleveland, OH 44108

  • Price: $175,000
  • Status: Contingent
  • On Site: 64 Days
  • MLS #: 4335003
8
Beds
4
Baths
0
½ Baths
N/A
Acres
6,489
SQFT
$27
$/SQFT
1920
Built
Neighborhood:
Cle East Of Eddy (Including E 152Nd)
County:
Cuyahoga
Area:
Cle East Of Eddy (Including E 152Nd)
School District:
Cleveland Municipal
Property Description
Rare opportunity! Owner has done some SERIOUS heavy lifting here. Massive improvements made in 2021. Brand new furnaces x 4. New water heater X 4 electrical panel X 4. New wiring all the way to the street including a very heavy duty meter block inside. All new PEX plumbing throughout building and new PVC drains where needed. NEW ROOF and approx. 16 new windows installed. Units have been refreshed with some having newer fixtures and recent service. FULLY OCCUPIED 4 units paying a combined $2820 a month. That's a staggering 21.75% Gross ROI. Don't let this cash cow slip away!
Exterior Features

Construction Materials Brick Exterior Features Paved Driveway Fencing Chain Link Garage YN No Parking Features No Garage Roof AsphaltFiberglass

Interior Features

Basement Unfinished Basement YN Yes Building Area Total 6489 Cooling None Cooling YN No Heating Forced AirGas Heating YN Yes

Property Features

Above Grade Finished Area 6489 Direction Faces East Home Warranty YN No Number Of Units In Community 4 Owner Pays SewerWater Ownership Principal/Nr Property Sub Type Quadruplex Sewer Public Sewer Tax Annual Amount 3665 Tenant Pays Cable TvElectricityGas View City View YN Yes Water Source Public Year Built Details Actual Ybt

Listing information © 2022 YES-MLS.
Listing provided courtesy of Century 21 Homestar.
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 The Holden Agency 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 2022-01-27T00:07:51.83.
 
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The Holden Agency
28 Park Ave West
Mansfield OH, 44905
Listing courtesy of Century 21 Homestar.
Listing information © 2022 YES-MLS.