6723 Sebert AVE Save Request In-Person Tour Request Virtual Tour
Cleveland,OH 44105
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Triplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 2,444 sqft
Price per Sqft $55
Subdivision Morgan
MLS Listing ID 5117187
Bedrooms 7
Full Baths 3
Year Built 1910
Annual Tax Amount $2,344
Tax Year 2024
Lot Size 5,127 Sqft
Property Sub-Type Triplex
Property Description
Slavic Village 3-unit rental property perfect add to any portfolio. Full occupancy, earn cash flow from day 1 generating $23,100/yr rental income (self-pay tenants). Expenses approx. $7,000/yr, CAP RATE 12% Many updates to each unit. Back Lower Unit - $475/month, 1 bed 1 bath, new plumbing, drain, bath fixtures, paint carpet. Front Lower Unit - $650/month, 2 beds 1 bath, LVT flooring throughout, paint, carpet, newer bath. Upper Unit - $800/month, 2 bed 1 bath, paint, tiled shower, access to third floor "den" not a bedroom and attic. Basement structurally sound, support posts replaced, many sistered joists, one newer furnace and new hot water tanks x3, coin washer/dryer will stay. Roof estimated 2011. No wholesaling or seller financing, straight sale only.
Location
State OH
County Cuyahoga
Interior
Heating Forced Air
Cooling None
Exterior
Parking Features Driveway,No Garage
Roof Type Asphalt,Fiberglass
Building
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Special Listing Condition Standard