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Property view

3305 W 111th Street, 
Cleveland, OH 44111

$110,000


4

Beds


2

Baths


2,048

Sq Ft


Multi-Family

Sold

Listed by

Colby Hatcher

Bought with Russell Real Estate Services

Homesmart Real Estate Momentum LLC.

440-578-8058

MLS#

4425861

Source:

OH NORMLS

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About This Home

3305 W 111th Street

Fantastic property to add to an established portfolio or for the new investor looking to get in the business with a 2-family unit that will have cash flow from the start. Both units are occupied by long term tenants on month to month terms, both have been here since 2018. Upper pays $525/mo and lower pays $600. These are drastically below current market value for this area. Each unit has 2 bedrooms and 1 bath with original hardwood throughout. Attic could be finished to create a 3rd bedroom/large suite for upper unit to increase potential earnings even more. 2018 updates include new roof, new hot water tanks, and pex plumbing. New electric panel installed for lower unit in 2021.

Home Facts

Multi-Family

2 Baths

4 Bedrooms

Built in 1920

Price Summary

115,000

$56 per Sq. Ft.

MLS #:

4425861

Sold:

March 6, 2023


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

2,048 Sq. Ft.


Structure

Structure

Year Built:

1920


Lot

Lot Size (Sq. Ft):

4,800


Finances & Disclosures

Finances

Price:

$115,000

Price per Sq. Ft:

$56 per Sq. Ft.

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