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About This Home
This 0-bedroom, 0-bathroom multi-family at 3865 W 40th Street in Cleveland, OH is listed for $575,000. Built in 1900, on a 0.23 acres lot.
Welcome to 3865 w 40th Street in Ohio's Brooklyn Centre Historic District, a six unit building with over 9,600 SF. Four out of the six units have recently been renovated, property offers 4 three bedrooms and 2 two bedrooms. Separately metered for gas and electric with new electric panels, high efficiency furnaces and hot water tanks.
Additionally the renovated units have new carpet, vinyl LVP, interior/exterior paint, vinyl windows, kitchen cabinets and countertops, electric ranges, bathroom vanities, toilets, and tub surrounds. All Six units are configured with a main floor that includes the living area and kitchen, second floor with bedrooms and full bathroom, and an unfinished basement.
Opportunity for a new owner to accept Voucher based Section 8 Subsidy in an effort to significantly increase the rents OR continue operating as a market rent property. Ideal stable investment with additional value add opportunity! Current income from 3 units is $3,600/mo!
Key Features
- Built in 1900
- 0.23 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$3,075/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3865 W 40th Street
Cleveland, OH 44109
Alice J Bakers Allotment
Property Details
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom multi-family at 3865 W 40th Street is listed at $575,000. The estimated monthly payment is $2,492 based on 20% down at 6.5% interest.
Key features include: Built in 1900, 0.23 acre lot, 2 stories.
This property is listed by Antonio Biasiotta and can be reached at 4402230575 or AntonioB@KW.com.
