2954 E 67th ST

Cleveland,OH 44127

$ 129500

4 Beds

2 Baths

0 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active Under Contract

Purchase Type For Sale

Subdivision Webster

MLS Listing ID 5157250

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1920

Annual Tax Amount $1,240

Tax Year 2024

Contingent Other See Remarks

Lot Size 2,591 Sqft

Acres 0.0595

Property Sub-Type Duplex

Stories Two

Story Two

Property Description

WHAT A DEAL: Over $2,000 a month in rent and an 11.2% cap rate on actuals in a rapidly growing pocket of Cleveland — this one won't last. 2954 E 67th St is a fully renovated Colonial duplex (2/1 + 2/1, 1,986 sq ft with partially finished basement) producing a $2,019/mo rent roll. Just 4 miles to Downtown Cleveland and right over the valley from rapidly gentrifying Tremont and Ohio City, the property also sits beside the $330M Opportunity Corridor, a game-changing project linking I-490 to University Circle and driving new transit, trails, and development through the East Side. On a quiet, resident-loved street, this is a cash-flowing asset with built-in appreciation upside from billions in public and private investment reshaping the area. Preference given to cash offers so act fast.

Location

State OH

County Cuyahoga

Rooms

Basement Full

Interior

Heating Forced Air

Cooling None

Fireplace No

Exterior

Parking Features Off Street

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Private Pool No

Building

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 125-14-034

Special Listing Condition Standard

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