Sold
Address
3435 Altamont Ave, Cleveland Heights, OH
Price
$ 160,000
Property Attributes
  • MLS#4467142
  • TypeMulti-Family
  • CountyCUYAHOGA
  • CityCleveland Heights
  • Zip44118
  • Style
  • Price$ 160,000
  • Bedrooms7
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage3124
  • Lot Size5,227 SqFt
Data Source:
MLSNow
Property Description

Introducing this large 3-unit, owner-occupied rental property in Cleveland Heights! The unit mix consists of 3-bed/1-bath, 3-bed/1-bath & 1-bed/1-bath on the third floor. The first and second floor units boast beautifully refinished hardwood floors, large living & dining rooms and spacious bedrooms. The top floor is a great space as well that just needs a small amount of cosmetic work to bring it back to its former glory. Both furnaces are in good condition and at least 1 hot water tank has recently been replaced. With a little bit of TLC you can easily achieve $2,850/month in total gross rent ($1,050/month for each of the 3-beds and $750 for the top floor 1-bed) taking you to a strong double-digit cash-on-cash return.

Price History
6/20/2023 Listed $189,900
8/14/2023 6% - $179,900

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 44118

Price
AVG $270K
$160K

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