47
See all 47 photos
$320,000
Est. payment /mo
6 Beds
3 Baths
4,678 Sqft Lot
New
1390 E 109th ST Cleveland, OH 44106
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Key Details
Property Type Single Family Home
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Ford & Holdens Sub
MLS Listing ID 5251579
Bedrooms 6
Full Baths 2
Half Baths 1
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1910
Annual Tax Amount $1,206
Tax Year 2025
Lot Size 4,678 Sqft
Acres 0.1074
Property Sub-Type Duplex
Property Description
FANTASTIC INVESTMENT Opportunity IN 44106! This 6-bed, 3-bath corner duplex combines MAJOR improvements with serious income potential. Nearly $50K invested in RENOVATIONS within the past year means substantial work has already been completed, including new flooring, drywall repairs, paint, remodeled kitchens with new appliances and updated bathrooms, just to name a few! The roof and all mechanicals are in GREAT working order. The numbers are just as attractive... nearly $50,000 IN POTENTIAL GRI! CMHA offers $2113/month (=$50,712/year) for a 3-bedroom in 44106. This property more than BEATS the 1% Rule and 10-CAP requirement. For investors looking to minimize upfront renovation costs while maximizing rental-income potential, this is one to put on the radar. Updated property. Strong GRI potential. Built for the portfolio. LOCATION! LOCATION! LOCATION! Conveniently situated just minutes from Cleveland Clinic Main Campus, University Hospitals, Case Western Reserve University, University Circle, Cleveland Museum of Art, Little Italy, and Downtown Cleveland, this is the PERFECT property for CASE STUDENTS who pay $700+ per bedroom.
And... with so much new development and construction happening in the neighborhood, the property values should continue to go UP and UP! Comparative Market Analysis (CMA), disclosures, and copies of renovation invoices available upon request.
And... with so much new development and construction happening in the neighborhood, the property values should continue to go UP and UP! Comparative Market Analysis (CMA), disclosures, and copies of renovation invoices available upon request.
Location
State OH
County Cuyahoga
Rooms
Basement Finished
Interior
Heating Forced Air
Cooling Ceiling Fan(s)
Fireplace No
Exterior
Parking Features On Street
Water Access Desc Public
Roof Type Asphalt
Garage false
Private Pool No
Building
Entry Level Three Or More
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Construction Status Updated/Remodeled
Schools
School District East Cleveland Csd - 1812
Others
Tax ID 120-07-062
Listed by Alexia Satterwhite • Premier Heights Realty LLC • 216-860-0005, sophie@premierheights.com
NEARBY SCHOOL & BUSINESS
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