3444 149Th StCleveland, OH 44120

This meticulously renovated two-story apartment building, located at 3444 E 149th St in Cleveland, Ohio (zip code 44120), presents a compelling investment opportunity. Built in 1930 and completely renovated in 2023, this property boasts 6,500 square feet of total space, with 6,000 square feet of net rentable area. The building comprises six individual apartment units, each currently commanding a price of $62,500. The asking price for the entire property is $375,000, translating to a price per square foot of $57.69. Situated in a desirable location near Shaker Heights, this multifamily property offers significant potential for rental income. Annual rental income is estimated at $60,000, while estimated annual taxes are $5,000 and estimated annual expenses are $3,600. The property is zoned for residential use and is offered for sale by the owner, Burton Performance Solutions LLC. This is a single building, two-story structure. This turnkey investment is ready for immediate income generation. Don't miss this chance to acquire a well-maintained, high-performing asset in a thriving Cleveland neighborhood.