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31722452
31722451

3340 W 98th St, Cleveland, OH 44102 For Sale

JK
OH SAL.2010001088
Russell Real Estate Services
Listed by Russell Real Estate Services
$200,000
0 days on market
Updated 0 days ago

3340 W 98th St

Details
APN 017-19-032
Property Type Multifamily
Sub Type Apartment Building
Units 2
Cap Rate 9.22%
NOI $124,792
Year Built 1916
Buildings 1
Stories 2
Acreage 0.150

Multifamily | 9.22% CAP | 2 Units

Marketing description

9.22% cap rate great cash flowing fully occupied 7 property multi-family portfolio with all properties extremely well maintained located on the west side of Cleveland totaling $14,379/month ($172,548/year) in rent and net operating income of $124,791.60 annually. These properties can be sold all together for $1,354,000 ог can be sold in smaller packages. Property addresses included in the portfolio and smaller packages are; 1299 W. 89th St. Cleveland, 3441 W. 95th St. Cleveland, 3069 W 105th St. Cleveland sold together for $580,000. 3340 W. 98th St. Cleveland, 3282 W. 94th St. Cleveland sold together for $380,000. 4392 W. 47th St. Cleveland, 3896 W. 21st St. Cleveland sold together for $394,000. The sellers may consider other bundled options as well. Contact us today to request a list of financials, rent roll and individual property details/pictures for more information.

Investment highlights


Listing Contacts

JK
OH SAL.2010001088
Russell Real Estate Services
Listed by Russell Real Estate Services

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$124,791.60
$10,399.30/mo

Valuation Metrics

0
DSCR
62.4%
Cap Rate
62.4%
ROI

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Additional Information

Name
Jesse Kracht
License
SAL.2010001088
Brokerage
Russell Real Estate
Brokerage Phone
4402125656
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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