Cleveland, OH 44105,12700 Lenacrave
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Cleveland, OH 44105,12700 Lenacrave
Cleveland, OH 44105,12700 Lenacrave
Cleveland, OH 44105,12700 Lenacrave
Cleveland, OH 44105,12700 Lenacrave
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$ 95,000
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12700 Lenacrave Cleveland, OH 44105

4 Beds

2 Baths

2,147 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,147 sqft

Price per Sqft $44

Subdivision Corlett Realty Company'S

MLS Listing ID 5171064

Bedrooms 4

Full Baths 2

HOA Y/N No

Abv Grd Liv Area 2,147

Year Built 1922

Annual Tax Amount $1,592

Tax Year 2024

Lot Size 3,833 Sqft

Acres 0.088

Property Sub-Type Duplex

Property Description

***DO NOT DISTURB OR APPROACH ANY TENANTS***Excellent investment opportunity, this property is part of a seven-building multifamily portfolio (five duplexes and two triplexes) offered individually or as a complete package. Sellers reserve the right to allow for minimum market exposure before considering any offers. Current in place rents are over $12,000 across the portfolio. Properties are located across Cleveland and one in Cleveland Heights with 100% occupancy and strong in-place rent rolls, with room to increase rents to market levels. EMAIL for NDA to sign and details on the portfolio. Each property has separate gas & electric utilities, solid rental history, and a mix of long-term tenants, with subsidized and cash paying. Several units feature newer roofs, younger mechanicals, and updated electric panels and hot water heaters. Ideal for both seasoned investors seeking immediate cash flow and portfolio diversification, or local operators looking to add proven income-producing assets. The portfolio has in house management and maintenance willing to stay on for a new owner. All properties are current on rental registrations and lead-safe compliance. EMAIL for NDA and info. End buyers only, no wholesalers, contract assignments. No seller financing will be considered. ***DO NOT DISTURB OR APPROACH ANY TENANTS***

Location

State OH

County Cuyahoga

Rooms

Basement Full, Unfinished

Interior

Heating Forced Air, Gas

Cooling None

Fireplace No

Exterior

Parking Features No Garage, On Street

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Private Pool No

Building

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 137-23-041

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange


Northern Ohio Regional MLS (YES-MLS)
Listed by Michael L Magno • Keller Williams Living • [email protected]
Stacey Jones

Stacey Jones

Agent

+1(216) 577-5874

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12700 Lenacrave