3976 E 71st StreetCleveland, OH 44105

3976 E 71st StreetCleveland, OH 44105

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$172,500 Active
Multi Unit - Multiple MLS 5189830
6 beds 2 full baths 3,672 sqft
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Listed By

Agency Name: Russell Real Estate Services
Agency Contact: mashume86@gmail.com, 440-821-4826

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Come and see what absolutely stunning investment property that has been fully updated. One unit rented at $1,300 and the other vacant. Being sold as is. Rental estimates are low considering CMHA will pay $1,683 for a 3 unit, which in truth would bring the rent to potentially $3,366 monthly or $40,392 Annually. The property features new paint, new carpets and floors, updated bathrooms and kitchens. Everything has been done. Just add this to your portfolio and collect rent right away. Can view up unit ONLY and common areas only... down unit is available once and offer has been received. Do not disturb the tenants at this time. Please no wholesalers or assignment of contracts. The seller will not entertain owner financing. Prefer to sell property AS-IS.

3976 E 71st Street | MLS# 5189830

This multi-family property located at 3976 E 71st Street, Cleveland, OH 44105 is currently listed for sale with an asking price of $172,500. E 71st Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on 1009fairoaksavenuesw.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Unfinished
Cooling: None
Days on Market: 75
Garage: 2
Heating: Forced Air
Lot Size: 0.12 Acres
Roof Type: Asphalt, Fiberglass, Shingle
Stories: 2.0
Taxes: $2,925 / year
Year Built: 1919

Amenities

Built-in Features
Other
Storage
Balcony
Lighting
Other

Feature Descriptions

Accessibility: None
Community Features: Curbs, Other, Park, Sidewalks
Exterior: Brick, Other, Concrete, Wood Siding
Fencing: Partial
Laundry: In Basement, Other
Lot: Back Yard, City Lot, Front Yard
Parcel#: 132-21-002
Parking: Asphalt, Driveway, Detached, Garage, Other
Patio/Porch: Balcony
Sewer: Public Sewer
View: City
Water: Public
Window: Screens

Local Schools

School District: Cleveland Municipal - 1809

Demographics

Cuyahoga County Demographic Information for 3976 E 71st Street, Cleveland, OH 44105
Fips
Fips Code 39035
Population
2020 to 2025 Change down 2.5%
2010 Count 1,280,122
2020 Count 1,264,817
2025 Estimate (V2025) 1,232,925
2020 Estimate (V2025) 1,264,775
Age Distribution (Years Old)
0 to 4 5.2%
5 to 17 20.1%
18 to 64 54.2%
65 and Older 20.5%
Gender
Male 48.0%
Female 52.0%
Place of Birth
Foreign 7.7%
US 92.3%
Education
High School Graduate, Age 25+ 91.5%
Bachelor's Degree or Higher, Age 25+ 36.5%
Computer and Internet use
Households with a computer 94.0%
Households with a broadband Internet subscription 89.5%
Language
English is Second Language, Age 5+ 12.3%
English is First Language, Age 5+ 87.7%
Veterans
Veterans 54,264
Income
Per Capita Income $42,747
Median Household Income $64,468
People in Poverty 14.9%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 615,116
Households 554,551
Average Household Size 2.20
Owner-Occupied 59.4%
Multi-Family 34.9%
Owner-Occupied Median Value $195,400
Median selected monthly owner costs -with a mortgage $1,570
Median selected monthly owner costs -without a mortgage $671
Median gross rent $1,060
Building Permits
New Private Housing Issued 2024 1,685
Years at Residence
1 Year or More 86.7%
Less Than 1 Year 13.3%
Business and Employment
Private non-farm Establishments 31,496
Private non-farm Employment 681,543
Private non-farm Employment Growth up 0.7%
Nonemployer Establishments 110,977
Number of Firms 23,160
Business Production
Value of Shipments $23,225,392,000
Wholesale Trade $24,854,217,000
Retail Trade $16,920,714,000
Retail Sales Per Capita $11,914
Accommodation and Food Services $3,332,698,000
Land
Land Area 457.19 sq. miles
Population Per Square Mile 2,800

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 1,179.97 per month $885.91 Principal & Interest $243.75 Property Tax $50.31 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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