Mike Smith
BEDS4
BATHS2 full
MLS#5198879
STATUSContingent
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONGlenbrook
SCHOOLCleveland Municipal - 1809
Property Description
9.22% cap rate great cash flowing fully occupied 7 property multi-family portfolio with all properties extremely well maintained located on the west side of Cleveland totaling $14,379/month ($172,548/year) in rent and net operating income of $124,791.60 annually. These properties can be sold all together for $1,354,000 or can be sold in smaller packages. Property addresses included in the portfolio and smaller packages are; 1299 W. 89th St. Cleveland, 3441 W. 95th St. Cleveland, 3069 W 105th St. Cleveland sold together for $580,000. 3340 W. 98th St. Cleveland, 3282 W. 94th St. Cleveland sold together for $380,000. 4392 W. 47th St. Cleveland, 3896 W. 21st St. Cleveland sold together for $394,000. The sellers may consider other bundled options as well. Contact us today to request a list of financials, rent roll and individual property details/pictures for more information.
Property Features
Property Type: Multi Unit - Multiple
Basement: Unfinished
Basement: Yes
Cooling: None
Garage: 2
Heating: Forced Air, Gas
Lot Size: 0.10 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $2,926 / year
Year Built: 1924
Feature Descriptions
Days on Site: 29
Exterior: Vinyl Siding
Fencing: Chain Link, Partial, Privacy
Laundry: Common Area
Parcel#: 013-28-103
Parking: Detached, Garage, Paved
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
Listed By / Shown By
Listed By
Agency Name: Russell Real Estate Services
Agency Contact: jessek.cst@gmail.com, 440-212-5656
Shown By
Agent Name: Mike Smith
Agent Phone: (586) 382-3167
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 1,391.48 per month $1,090.77 Principal & Interest $243.83 Property Tax $56.88 Homeowner's InsuranceChange Payment Information
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4392 W 47th Street | MLS# 5198879
This multi-family property located at 4392 W 47th Street, Cleveland, OH 44144 is currently listed for sale with an asking price of $195,000. W 47th Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on mikesmith.ikeyrealty.com today.