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3438 W 98th Street, Cleveland, OH 44102

$209,000
  • 3438 W 98th Street, Cleveland, OH 44102 Main Photo

44 Photos

New to the Market Active
BEDS6 BATHS2 full SQUARE FEET2,830 MLS#5251063
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONApplewood Allotment/Jordan Kim SCHOOLCleveland Municipal - 1809

Property Description

ATTENTION INVESTORS & OWNER-OCCUPIED BUYERS! Rare opportunity to own a spacious West Side (aluminum sided) duplex offering two 3-bedroom, 1-bath units, immediate rental income/excellent upside. Second-floor unit is occupied by a quality tenant who would like to remain, while the first-floor unit is vacant, rent-ready & easy to show-making this an ideal opportunity for an owner occupant or investor looking to build a performing portfolio. Each unit offers a spacious, light-filled floor plan w/3 bedrooms, maximizing rental potential. Recent improvements include fresh interior & exterior paint, newer LVP flooring, updated furnaces, updated electrical breaker panels & two H2O tanks replaced in 2023. Dimensional roof appears solid, providing additional peace of mind. Property also features a partially fenced yard, desirable 2-car garage plus investor-friendly location w/strong rental demand & Section 8 potential if desired. Current second-floor tenant is paying $850/month, which is below current market rents, providing immediate income & significant upside. Similar 3-bedroom units in the area are reportedly renting in the $1,250-$1,350/month range, w/owner typically responsible for water/sewer/trash, estimated at approximately $85-$100 per month per unit. Live in the first floor & let the second floor help pay your mortgage, or rent both units to maximize income. Excellent way to get started in real estate investing or add another income-producing property to your portfolio. First floor is available for easy showings. Second-floor unit may be viewed after an accepted offer; recent photos and floor plan are available. Rare 3-bedroom duplex floorplan. No wholesaler/owner financing.

3438 W 98th Street | MLS# 5251063

This multi-family property located at 3438 W 98th Street, Cleveland, OH 44102 is currently listed for sale with an asking price of $209,000. W 98th Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on tcolucci.dehoff.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Unfinished
Cooling: Central Air
Garage: 2
Heating: Forced Air, Gas
Lot Size: 0.15 Acres
Roof Type: Asphalt
Stories: 2.0
Taxes: $2,735 / year
Year Built: 1905

Amenities

Balcony

Feature Descriptions

Appliances: Range, Refrigerator
Days on Site: 1
Exterior: Aluminum Siding
Fencing: Chain Link, Partial, Wood
Laundry: In Basement
Parcel#: 017-20-095
Parking: Detached, Garage
Patio/Porch: Balcony
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Schmidt Realty
Agency Contact: thefrederickteam@gmail.com, 216-210-7653

Shown By

Agent Name: Ty Colucci
Agent Phone: (330) 316-3570
Agency Title: DeHOFF REALTORS

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Estimated Payment

$ 1,212.16 per month $923.28 Principal & Interest $227.92 Property Tax $60.96 Homeowner's Insurance

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