Cleveland, OH 44120,3296-3300 E 149th ST
Cleveland, OH 44120,3296-3300 E 149th ST
Cleveland, OH 44120,3296-3300 E 149th ST
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$1,300,000
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0.36 Acres Lot
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3296-3300 E 149th ST Cleveland, OH 44120

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Kristine Roberts

Kristine Roberts

+1(304) 914-9340

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Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Palmer & Boyers Allotment

MLS Listing ID 5165970

HOA Y/N No

Year Built 1923

Annual Tax Amount $1,652

Tax Year 2024

Lot Size 0.360 Acres

Acres 0.36

Property Sub-Type Apartment

Stories Three Or More

Story Three Or More

Property Description

Outstanding investment opportunity - add two fully renovated, high-income-producing apartment buildings to your portfolio. Together, these properties generate over $17,000 in monthly gross rental income. There is potential for even higher market rents, as the buildings house brand new tenants who moved in after the 2023 renovations. Enjoy a tax abatement on the property until 2038. Each building, completely updated in 2023, includes a tenant-operated, app-based laundry facility and individually metered units. Situated in Cleveland, a city with robust rental demand driven by its diverse economy and expanding healthcare and tech sectors, these properties are an ideal investment in a cost-effective and promising rental market. Capitalize on this chance to invest in one of the Midwest's most attractive rental markets. Current buildings are equipped with a property management team to ensure a seamless, hands-off ownership transition, if necessary for the buyer.

Location

State OH

County Cuyahoga

Rooms

Basement Common Basement, Finished

Interior

Heating Hot Water, Steam

Cooling None

Fireplace No

Exterior

Parking Features No Garage, Paved, Parking Lot

Water Access Desc Public

Roof Type Composition,Flat

Present Use Residential,Single Family

Building

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 130-18-121

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Northern Ohio Regional MLS (YES-MLS)
Listed by Violetta Varenkova • IIP Management, LLC. • 216-503-6300, offers@iip-management.com

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 20
  • 7

    Whitney Young School

    Public | 2 - 12

  • 6

    Cleveland Arts and Social Sciences Academy

    Public | KG - 8

  • 6

    Fernway Elementary School

    Public | KG - 4

  • 5

    Entrepreneurship Preparatory School - Woodland Hil

    Public | 5 - 8

  • 5

    The Intergenerational School

    Public | KG - 8

  • 5

    Roxboro Elementary School

    Public | KG - 5

  • 5

    Boulevard Elementary School

    Public | KG - 4

  • 5

    Woodbury Elementary School

    Public | 5 - 6

  • 5

    Onaway Elementary School

    Public | PK - 4

  • 5

    Fairfax Elementary School

    Public | KG - 5

  • 5

    Lomond Elementary School

    Public | KG - 4

  • 5

    Canterbury Elementary School

    Public | KG - 5

  • 4

    Bolton School

    Public | PK - 8

  • 4

    Phoenix Village Academy Primary 2

    Public | 3 - 6

  • 4

    Charles Dickens School

    Public | PK - 8

  • 4

    Miles School

    Public | PK - 8

  • 4

    Boulevard Elementary School

    Public | KG - 5

  • 4

    Warrensville Heights Middle School

    Public | 5 - 7

  • 1

    Miles Park PreK-8 School

    Public | PK - 8

  • 1

    Nathan Hale PreK-8 School

    Public | PK - 8

Middle Schools 4
  • 5

    Roxboro Middle School

    Public | 6 - 8

  • 5

    Shaker Hts Middle School

    Public | 7 - 8

  • 1

    John F Kennedy High School

    Public | 8 - 12

  • 0

    Citizens Leadership Academy

    Public | 6 - 8

High Schools 12
  • 9

    Cleveland Early College High School

    Public | 9 - 12

  • 9

    Cleveland School of Science and Medicine

    Public | 9 - 12

  • 8

    Cleveland School for Architecture and Design

    Public | 9 - 12

  • 6

    Shaker Hts High School

    Public | 9 - 12

  • 3

    Garfield Heights High School

    Public | 9 - 12

  • 1

    John Adams High School

    Public | 9 - 12

  • 1

    Cleveland Heights High School

    Public | 9 - 12

  • 0

    Benedictine High School

    Private | 9 - 12

  • 0

    Montessori High School at University Circle

    Private | 9 - 12

  • 0

    George V. Voinovich Reclamation Academy

    Public | 9 - 12

  • 0

    Life Skills of Northeast Ohio

    Public | 9 - 12

  • 0

    Beaumont School

    Private | 9 - 12

School and business data provided by Attom Data.

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Kristine Roberts

Kristine Roberts

Agent | License ID: c27336

+1(304) 914-9340

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