4500 W 39th ST, Cleveland, OH 44109
4500 W 39th ST, Cleveland, OH 44109
4500 W 39th ST, Cleveland, OH 44109
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Zachary Underwood

Zachary Underwood

+1(330) 932-0665
$359,900
Est. payment /mo
9 Beds
4 Baths
2,912 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,912 sqft

Price per Sqft $123

Subdivision Brkter

MLS Listing ID 5241709

Bedrooms 9

Full Baths 4

HOA Y/N No

Abv Grd Liv Area 2,912

Year Built 1904

Annual Tax Amount $3,651

Tax Year 2025

Lot Size 5,998 Sqft

Acres 0.1377

Property Sub-Type Quadruplex

Property Description

Prime Investment Opportunity Boasting A Current 8% Cap Rate In Cleveland's Thriving Rental Market. Two Houses On One Lot - A Triplex With Three 2-Bedroom, 1-Bathroom Units, And A Single-Family Home With 3 Bedrooms And 1 Bathroom. All Units Are Fully Occupied And Generate A Combined $3,925 In Monthly Rental Income, Making This Perfect For Investors Looking For Immediate Cash Flow And Long-Term Appreciation. Two Units Of The Triplex Have Been Completely Remodeled, Including New Kitchens And Bathrooms. Kitchen Upgrades Include New Cabinets, Tile Backsplash, Countertops, Fixtures, And LVP Flooring. Bathroom Updates Include Tub/Shower Surround, New Vanity, Fixtures, And LVP Flooring. Additional Triplex Upgrades Include Fresh Paint And New Carpet Throughout, New Water Heater, New Furnace, New Vinyl And Glass Block Windows, And A New Roof. The Single-Family Home Has Been Completely Remodeled, Providing A Comfortable Living Space. The All-New Kitchen Has Been Upgraded With New Cabinets, Countertops, Fixtures, And LVP Flooring. The Bathroom Has Been Updated With A New Tub/Shower Combo, Vanity, Fixtures, And LVP Flooring. Additional Upgrades To The Single-Family Home Include Fresh Paint And New Carpet Throughout, New Hot Water Tank, New Furnace, And New Gutters. Whether You're A Seasoned Investor Or Just Starting To Build Your Rental Portfolio, This Is An Opportunity You Won't Want To Miss! No Wholesalers - Seller Will Not Allow The Buyer To Assign The Contract To Another Party Prior To Closing. Seller Financing, Creative Financing, And "Subject To" Offers Will Not Be Considered.

Location

State OH

County Cuyahoga

Rooms

Basement Full

Interior

Heating Forced Air

Cooling None

Fireplace No

Exterior

Parking Features Driveway

Water Access Desc Public

Roof Type Composition

Private Pool No

Building

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 011-07-020

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Standard

Read Less Info
IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW
Listed by Ryan McCullough • RE/MAX Above & Beyond • wendysellscle@gmail.com, 216-834-9987

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Zachary Underwood

Zachary Underwood

+1(330) 932-0665

Broker License ID: BRKP.2014000258

Broker License ID: BRKP.2014000258

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