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$1,150,000
3391 W 117th St, Cleveland, OH 44111
0 Beds
0 Baths
2,248 SqFt

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One triplex and six SFR for sale. A total of 9 rental units available from Warrensville Hts. to Avon, OH. All highly desirable areas with high rental demand. On comp basis, this portfolio should be priced significantly higher. 7.05% cap rate on in place rents and expenses. Several properties could even be flipped at a profit in the short term thus reducing the cost per property. See Schedule A list of properties in attachments. Most utilities sub metered.
  • Price:
  • $1,150,000
  • Square Footage:
  • 2,248
  • Acreage:
  • 0.13
  • Year Built:
  • 1929
  • Listing ID #:
  • 4390631
  • Street Address:
  • 3391 W 117th St
  • City:
  • Cleveland
  • State:
  • Ohio
  • Postal Code:
  • 44111
  • County:
  • Cuyahoga
  • Community:
  • Cle Between West Blvd & W 140th
  • Subdivision:
  • Dunham Heights
  • Listing Status:
  • Active
  • Listing Type:
  • Commercial Sale
  • Approximate Total Liveable Area:
  • 2248
  • Finished Above Ground Square Footage:
  • 2248
  • Number Of Floors In Unit:
  • Two
  • Stories:
  • 2
  • Stories:
  • 2
  • Total Building Square Footage:
  • 2248
  • Type Of Roof:
  • Asphalt, Fiberglass, Pitched
  • Year Built:
  • 1929
  • Year Built Description:
  • Actual Ybt
  • Annual Insurance Expenses:
  • 5200
  • Annual Maintenance Expenses:
  • 16000
  • Annual Water/Sewer Expenses:
  • 5000
  • Net Operating Income:
  • 81054
  • Approximate Lot Size Range Source:
  • Appraiser
  • Days On Market:
  • 76
  • Lease Rate:
  • 134100
  • On Market Date:
  • 2022-07-11
  • Originating Mls:
  • Yes-Mls
  • Owner Pays:
  • Sewer, Trash Collection, Water
  • Ownership:
  • Principal/Nr
  • Tenant Pays:
  • Cable Tv, Electricity, Gas
  • Parking Description:
  • Driveway
  • Cooling System:
  • Window Unit(s)
  • Existing Water:
  • Public
  • Has Central Air Conditioning:
  • 1
  • Heating:
  • Electric, Forced Air, Gas
  • Sewage Type:
  • Public Sewer
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Keller Williams Grt Cleve Ne
  • The listing information herein is provided through the MLS IDX database. Information is deemed reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of NEOHREX. NEO

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