Fourplex property... Investors! Upgraded Four unit building is a cash flowing machine! Gross rent of $3,400/month or $40,800/year, for a 16% ROI, Brand new Furnaces and Hot water tanks. Located less than 10-15 minutes to downtown, CWRU, Cleveland Clinic, hospitals & University Circle. Amazing opportunity to just collect rents! 16% ROI
Property Details
Property Features
Property Information:
Year Built: 1925
Stories: 2
Living Area: 4,146 SqFt
Listing Office:
Office Name: USRealty.com LLP
Office Email: info@usrealty.com
Listing Agent: Marie Bowe
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 4
Total Bedroom Count: 8
Exterior Features
Parking Information:
Garage Space: 3 spaces
Parking: Paved
Lot Features
Lot Information:
Lot Size: 0.12 Acres
Utilities
Utilities Information:
Heating: Forced Air, Natural Gas
Cooling: None
Other
Directions Information:
Directions: 140 S of Kinsman
Price Information
Listing Price Info
Price Summary:
List Price: $237,000
Price Per SqFt: $57/SqFt
Tax Information:
Annual Amount: $1,889
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Cleveland, OH.
This property is $81.3K more than the Median Sold Price and $38/SqFt less than other homes in Cleveland, OH.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: NOWDD
MLS Number: #4507438
Listing Office:
Office Name: USRealty.com LLP
Office Email: info@usrealty.com
Listing Agent: Marie Bowe
Copyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 3/28/2024, 9:20:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Feb 14, 2019
Feb 14, 2019Home Sold
$72,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$1,889
$18,170
2019
$1,778
$18,170
2018
$1,734
$18,170
2017
$1,750
$17,230
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,250
Per Month
Principal & Interest
$1,183
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$777
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Onaway Elementary School
3115 Woodbury Rd
Distance between this listing and this school0.95 miles
Public District Grades PK-4
4
/10
Boulevard Elementary School
14900 Drexmore Rd
Distance between this listing and this school1.17 miles
Public District Grades KG-4
3
/10
Phoenix Village Academy Primary 2
12601 Shaker Blvd
Distance between this listing and this school1.42 miles
Public Charter Grades 3-6
Nearby Schools
3
/10
Andrew J Rickoff
3500 E 147th St
Distance between this listing and this school0.29 miles
Public District Grades PK-8
3
/10
Charles Dickens School
13013 Corlett Ave
Distance between this listing and this school0.78 miles
Public District Grades PK-8
2
/10
Chapelside Cleveland Academy
3845 E 131st St
Distance between this listing and this school0.87 miles
Public Charter Grades KG-8
Nearby Schools
5
/10
Shaker Hts High School
15911 Aldersyde Dr
Distance between this listing and this school0.93 miles
Public District Grades 9-12
1
/10
John Adams High School
3817 Martin Luther King Jr Dr
Distance between this listing and this school1.18 miles
Public District Grades 9-12
1
/10
George V. Voinovich Reclamation Academy
11801 Buckeye Rd
Distance between this listing and this school1.35 miles
The neighbors living near this home have an average income of $30,448. Typical income of Cleveland, OH residents is less than $35k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Living In Mount Pleasant, Cleveland
What type of housing is available in Mount Pleasant, Cleveland?
In Mount Pleasant, about 40% of dwellings are single detached homes, but small apartment buildings and duplexes are also present in the housing stock. This neighborhood is primarily composed of three bedroom and two bedroom homes. Renters occupy roughly 55% of the units in Mount Pleasant and 45% are occupied by owners. The homes in this neighborhood are very old, since roughly 85% of its dwellings were constructed prior to the 1960s, while most of the remaining buildings were built 1960.
Is Mount Pleasant, Cleveland a good place to live?
Mount Pleasant is a fairly good neighborhood to buy a house in for those who prefer a relaxed ambience. Parks are easy to get to since there are a few of them close by for residents to explore. Most areas in this neighborhood are quiet, as noise from the streets and other parts of the city is rarely an issue.
Are things conveniently located in Mount Pleasant, Cleveland?
Primary schools are convenient to access on foot from most properties for sale in this part of the city. However, this area does not contain any high schools. With regards to eating, the nearest grocery store in Mount Pleasant is generally only a very short walk away. There are also approximately 10 restaurants in Mount Pleasant.
What does the transportation in Mount Pleasant, Cleveland look like?
Mount Pleasant is reasonably conducive to walking; running common errands is convenient on foot. Moving around by car is convenient in this area. Parking is generally easy. In contrast, Mount Pleasant is not very transit friendly. Thankfully, the neighborhood is served by a few bus lines, and bus stops are ordinarily nearby.
This home is located at 3459 E 140th St in Cleveland, OH and zip code 44120 in the Mount Pleasant neighborhood. This 4,146 square foot home, which was built in 1925, sits on a 0.12 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 01, 2023 and is currently priced at $237,000.
In February 2024 more than 158 listings in Cleveland, OH were sold above the asking price. During the same period more than 82 listings were sold at asking price, while more than 307 were sold below. The number of homes for sale in Cleveland, OH increased by 3.5% between January 2024 and February 2024. The median list price of listings available in February 2024 was $155,628, while the average time on the real estate market was 46 days.
From Rocket Homes Real Estate and based on county public records data.