4183 E 146th St

Cleveland, OH 44128
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3 bd, 1 ba | 1,712 sqft | Built in 1923

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List Price
$115,000

Initial Investment

$31,338

Purchase Price

$115,000

Down Payment

25%

Rent

$1,200

Total Return

$60,911

Annualized Return

27.0%

Cap Rate

8.6%

Gross Yield

12.5%

Cash Flow

$2,991

Appreciation

6.9%
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Features

Occupancy

Vacant

Lot Size

4,800

HOA

None

Flood Risk

Not Required

Welcome to 4183 E 146th Street in Cleveland, Ohio 44128! This charming turnkey single-family home offers three bedrooms, one bath, and a range of desirable features. Step onto the welcoming open porch, perfect for enjoying your morning coffee or relaxing in the evening breeze. Inside, you'll find beautiful hardwood flooring throughout, adding warmth and character to the living spaces. The layout is thoughtfully designed for both comfort and functionality, with a well-appointed kitchen and cozy dining area. Retreat to the three bedrooms, each offering a peaceful sanctuary for rest and relaxation. With a basement providing extra storage space and potential for customization, this home meets all your needs. Plus, newer mechanicals ensure efficiency and reliability for years to come. Conveniently located near schools, parks, and amenities, this home is the perfect blend of comfort and convenience. Don't miss out on the opportunity to make this your new home sweet home! This home is currently being marketed for rent by the Seller and could potentially rent up to $1,250 a month.

See more in Analysis
Alex Johnson
Real Estate Quest, LLC
OH Agent License #2007002717

Annual Financial Highlights

Expected Rent

$13,680

Expenses

-$3,474

Property Taxes

-$963

Loan Payments

-$6,252

Net Cash Flow

$2,991

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Alex Johnson
Agent License 2007002717
Real Estate Quest, LLC
Certified Agent Brokerage:Alex Johnson
Real Estate Quest, LLC
OH Brokerage License 2004018595
SourceMLS Now
MLS #5024452
Last Updated: 04/05/2024 17:04
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