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Archived over 2 years ago

$114,900

4 bd 2 ba 0 sqft

3129 W 98th Street, Cleveland`, OH 44102

Residential Duplex Occupied

Current Rent **

$750

Projected Rent **

$1,700

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Unit 1 Details
  • Current Rent: $750
  • Bedroom: 2 bd
  • Bathroom: 1 ba
  • Square Footage: 0 sqft
  • Occupied: Yes
  • Needs Repairs: No
  • Off MLS: No
Unit 2 Details
  • Current Rent:
  • Bedroom: 2 bd
  • Bathroom: 1 ba
  • Square Footage: 0 sqft
  • Occupied: No
  • Needs Repairs: No
  • Off MLS: No

3129 W 98th, Cleveland, OH 44102

This conveniently located duplex is wedged between a bank and I90, just 1 mile from the city's popular Cleveland Metroparks Edgewater Beach and beautiful Lake Erie. Each unit offers 2 bedrooms, 1 bath with off-street parking. The first-floor long-term, private pay tenant is month-to-month at $750 and current on rent. The second floor is now available for rent! Take advantage of recent lending changes with only 5% down required for owner-occupied multi-family buildings. Or bump up rents to market rate and further increase cashflow on this duplex. Call Jayme Kostelnik with any questions or inquiries. Inspection report available - 216.209.3136 MLS #5005961

Location:

3129 W 98th Street, Cleveland`, OH 44102

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.