UNDER CONTRACT
$2K PRICE DROP
3062 W 51st St Cleveland, OH 44102
Near West Side NeighborhoodEstimated payment $1,161/month
Total Views
7,255
5
Beds
2
Baths
1,785
Sq Ft
$104
Price per Sq Ft
Highlights
- Private Pool
- 0.24 Acre Lot
- Forced Air Heating System
About This Home
Attention investors and house hackers! Add this newly renovated property to your portfolio today! The property is currently vacant and ready for immediate occupancy for tenants you can choose. Live in one unit and rent the other or rent out both units for cash flow. The lower unit is a 3 bedroom unit with a large porch and a large basement. It includes a fully equipped kitchen, complete with a microwave, stove, and refrigerator. The upstairs unit has a separate entrance and 2 bedrooms. The approximate market rent, per CMHA allowance, for a 3-bedroom unit is $1,468, and a 2-bedroom unit is $1,129. This creates an impressive potential cash flow of $2,597. Units are individually metered. Don’t let this opportunity slip by—make it yours today! Property includes two parcels #006-23-060 and #006-23-059. Back on market due to buyer's financing fell through. The seller is a licensed real estate broker in the state of Ohio.
Listing Agent
Vincent Patrick Realty Brokerage Email: 330-577-3546 lpsoldit@gmail.com License #2019004431 Listed on: 02/14/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,564
Year Built
- Built in 1890
Parking
- Gravel Driveway
Home Design
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 1,785 Sq Ft Home
- 2-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Range
- Microwave
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
Additional Features
- Private Pool
- 10,559 Sq Ft Lot
Community Details
- Taylor & Hoyts Subdivision
Listing and Financial Details
- Assessor Parcel Number 006-23-060
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/04/2025 04/04/25 | Price Changed | $185,000 | -3.6% | $104 / Sq Ft |
| 03/27/2025 03/27/25 | Price Changed | $192,000 | -1.0% | $108 / Sq Ft |
| 03/12/2025 03/12/25 | Price Changed | $194,000 | 0.0% | $109 / Sq Ft |
| 03/12/2025 03/12/25 | For Sale | $194,000 | +3.7% | $109 / Sq Ft |
| 02/25/2025 02/25/25 | Pending | -- | -- | -- |
| 02/14/2025 02/14/25 | For Sale | $187,000 | -- | $105 / Sq Ft |
Source: MLS Now
Similar Homes in the area
Source: MLS Now
MLS Number: 5097636
APN: 006-23-060
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