3219 West 111th St, Cleveland OH 44111 Photo 1 3219 West 111th St, Cleveland OH 44111 Photo 2 3219 West 111th St, Cleveland OH 44111 Photo 3 3219 West 111th St, Cleveland OH 44111 Photo 4 3219 West 111th St, Cleveland OH 44111 Photo 5 3219 West 111th St, Cleveland OH 44111 Photo 6 3219 West 111th St, Cleveland OH 44111 Photo 7 3219 West 111th St, Cleveland OH 44111 Photo 8 3219 West 111th St, Cleveland OH 44111 Photo 9 3219 West 111th St, Cleveland OH 44111 Photo 10 3219 West 111th St, Cleveland OH 44111 Photo 11 3219 West 111th St, Cleveland OH 44111 Photo 12 3219 West 111th St, Cleveland OH 44111 Photo 13

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3219 West 111th St - Perfect for the savvy investor. Side by side duplex. Existing PM in place. Both units on a 12 month lease for $555 each. Property runs a net return of 12.05%. Use traditional financing and earn a 48.85% cash on cash return. Each unit is 3 floors both have 3 bedrooms + 1 bath. Newer furnaces, updated electric. Newer H20 tanks. Newer roof + stucco exterior. Detached 2 car garage + a fenced in yard. Agent owned house.

Listing information

  • MLS® ID: 3650034
  • Status: Sold on 2/6/2015
  • New Construction: No
  • Estimated Annual Taxes: $1,848
  • Style: Duplex
  • Stories: 2
  • Foreclosure: No
  • County: Cuyahoga
  • Year Built: 1920
  • Parking Type Description: Detached 2 cars
  • Lot Area: 0.09
  • School District: Cleveland Municipal

Features

Available Financing Cash, Conventional
Cooling Type None
Driveway Paved
Exterior Stucco
Fences Chain Link
Garage Features Detached
Heating Fuel Gas
Heating Type Forced Air
Other Basement YN - 1, Baths Total - 2.00, Disability Features YN - 0, Living Area Total - 1848, Num Of Buildings - 1, Num Of Units - 2
Possession Time of Transfer
Property Subtype Two
Roof Asphalt/Fiberglass
Water Sewer Public Sewer, Public Water
Listing Courtesy of Era Lentz Associates, Inc.