3408 Riverside , Cleveland, OH 44109

$240,000
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New to the Market Active
BEDS5 BATHS3 full SQUARE FEET3,596 MLS#5205627
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLCleveland Municipal - 1809

Property Description

Attention investors?excellent opportunity on Cleveland's desirable west side! Spacious 3-family w/2-car garage & offers strong income potential or ideal owner-occupant flexibility. Perfect for multi-generational living or adding a solid asset to your portfolio. Refreshed exterior features low-maintenance vinyl siding, updated vinyl windows, updated roof, and a brand-new composite front porch?perfect for relaxing. A large driveway & expansive yard provide ample parking and outdoor space, all on a quiet, investment-friendly street w/convenient access to highways, shopping, & local attractions. Property offers three finished levels. First & second floors are spacious, light-filled 2-bedroom units w/generous living areas & large kitchens designed to attract & retain quality tenants. Third floor is a roomy 1-bedroom efficiency w/great natural light & functional layout. Separate electric meters are in place, w/water on a single meter. Full basement includes updated electrical panels, water tanks (2012), modern furnaces (ages unknown). With some interior cosmetic updates, this property has the potential to become a true standout while generating excellent cash flow?estimated at approximately $3,100/month when fully occupied. Currently vacant & easy to show with immediate occupancy possible. Serious buyers only?no wholesalers or owner financing.

3408 Riverside | MLS# 5205627

This multi-family property located at 3408 Riverside , Cleveland, OH 44109 is currently listed for sale with an asking price of $240,000. Riverside is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on mcostello.mcrealestateohio.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Unfinished
Cooling: None
Garage: 2
Heating: Forced Air, Gas
Lot Size: 0.18 Acres
Roof Type: Asphalt
Stories: 3.0
Taxes: $2,810 / year
Year Built: 1890

Feature Descriptions

Appliances: Range, Refrigerator
Exterior: Vinyl Siding
Parcel#: 015-19-067
Parking: Detached, Garage, Paved
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: Melody Costello
Agent Phone: (330) 723-9911 ext. 303
Agency Title: M.C. Real Estate

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Estimated Payment

$ 838.30 per month $534.14 Principal & Interest $234.17 Property Tax $70.00 Homeowner's Insurance

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