MLS#5260127
STATUSActive
PROPERTY TYPECommercial - Business
SUBDIVISIONJankovsky & Bubnas
SCHOOLCleveland Municipal - 1809
Property Description
Value-add 6-unit multifamily opportunity at 3734 E 149th St, Cleveland. The building has five 2-bed/1-bath units and one 1-bed/1-bath unit. The renovation is not complete, and the property is priced at a discount to reflect the work remaining. CMHA rents for the 2-bedroom units are $1,209 per unit, or up to $7,045 per month poteintal. Finish the remaining work, lease up, and capture the upside. Sold strictly AS-IS, with no repairs, credits, or warranties from the seller. Cash or rehab-friendly financing only. Buyer to verify all information, including rents, scope, permits, and code compliance. Great fit for an investor or contractor looking for instant equity and a stabilized cash-flow play once complete. New Windows, cabinets, countertops, and tile work. All permits and plans are available. Seller is moving into a larger venture.
Property Features
Property Type: Commercial - Business
Basement: Concrete
Heating: Forced Air
Lot Size: 0.13 Acres
Taxes: $2,901 / year
Year Built: 1925
Feature Descriptions
Parcel#: 139-12-033
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
Listed By / Shown By
Listed By
Agency Name: Keller Williams Elevate
Agency Contact: olegb@kw.com, 216-926-9069
Shown By
Agency Title: DeHOFF REALTORS
Agency Phone: 330-499-8153
3734 E 149th Street | MLS# 5260127
This commercial property located at 3734 E 149th Street , Cleveland, OH 44120 is currently listed for sale with an asking price of $149,000. E 149th Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.dehoff.com today.