$150,000
$95,000
57.9%For more information regarding the value of a property, please contact us for a free consultation.
10,075 Sqft Lot
SOLD DATE : 05/06/2025
Key Details
Sold Price $150,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Alice J Bakers Allotment
MLS Listing ID 5112275
Sold Date 05/06/25
HOA Y/N No
Year Built 1900
Annual Tax Amount $3,293
Tax Year 2023
Lot Size 10,075 Sqft
Acres 0.2313
Property Sub-Type Apartment
Property Description
Great investment opportunity in Old Brooklyn! This 6-unit brick building at 3865 West 40th Street is just 10 minutes from downtown Cleveland. Each unit features 2 bedrooms and 1 bathroom, plus its own private basement—ideal for storage or extra space. Tenants enjoy both front and rear porches, as well as access to a rear deck. Two units are currently rented and generating income. The other four units need renovation, giving you the chance to add value and increase returns. Located in a growing neighborhood with easy access to shops, restaurants, parks, and highways, this property has strong potential. Whether you're starting your investment journey or adding to your portfolio, this multi-family building is worth a look.
Location
State OH
County Cuyahoga
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Water Access Desc Public
Building
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 014-02-029
Financing Cash
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Bought with Thomas Lawrence • Howard Hanna