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2497 E124 Street Cleveland, OH 44120

Multi Unit - Multiple MLS 5194896 New to the Market
4 beds 3 full baths 2 partial baths
Active $199,000
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Listed By

Agency Name: Keller Williams Greater Metropolitan
Agency Contact: davida@emermanteam.com, 216.978.2785

Shown By

Agent Name: Sandy Rains
Agent Phone: (951) 972-0719
Agency Title: Cutler Real Estate

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Property Description

Don't miss this incredible investment opportunity in Cleveland! This fully occupied duplex is the perfect addition to your portfolio, offering immediate rental income and the possibility of becoming a triplex. Basement level unit was being rented for $700/month and is fully functional ready for its next tenant. This one-bedroom unit is finished with LVP flooring, living room space, all new paint and a walk-in tile shower. First and second floor units feature 2 spacious bedrooms and 1.5 bathrooms, providing comfortable living for tenants. The first-floor unit is finished with cozy carpeting, creating a warm and inviting atmosphere, while the second-floor unit showcases beautiful hardwood floors for a classic, timeless feel. Both units also feature an additional four-seasons rooms for extra living space. Major mechanical updates have already been taken care of, including a newer roof, two newer furnaces, and three newer hot water tanks, giving you peace of mind and reducing near-term maintenance costs. Laundry access is found in the basement. Outside, you'll find a detached two-car garage along with a driveway that offers additional off-street parking, an attractive feature for tenants. This location provides proximity to Cleveland Clinic, Shaker Square and Cleveland's beautiful parks. Whether you're a seasoned investor or just getting started, this property checks all the boxes: income-producing, well-maintained, and full of potential. Opportunities like this don't last, schedule your showing today!

2497 E124 Street | MLS# 5194896

This multi-family property located at 2497 E124 Street , Cleveland, OH 44120 is currently listed for sale with an asking price of $199,000. E124 Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on srains.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Apartment, Partially Finished
Cooling: None
Days on Market: 1
Garage: 2
Heating: Forced Air, Gas
Lot Size: 0.13 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $3,719 / year
Year Built: 1950

Amenities

Ceiling Fan(s)
Eat-in Kitchen
Laminate Counters

Feature Descriptions

Appliances: Built-In Oven, Cooktop, Range
Exterior: Brick
Laundry: In Basement
Lot: Back Yard
Parcel#: 129-06-050
Parking: Detached, Garage
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Estimate Your Payment

Estimated Payment

$ 1,338.88 per month $970.92 Principal & Interest $309.92 Property Tax $58.04 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage

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