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$ 240,000
Est. payment /mo
New
1243 E 124th ST Cleveland, OH 44108
7,400 Sqft Lot
UPDATED:
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision D P Putnam & G F Mills
MLS Listing ID 5158022
HOA Y/N No
Year Built 1920
Annual Tax Amount $4,241
Tax Year 2024
Lot Size 7,400 Sqft
Acres 0.1699
Property Sub-Type Apartment
Property Description
Fantastic Investment Opportunity! Spacious six-unit apartment building conveniently located near the heart of Cleveland's University Circle expansion area. This solid brick property has updated vinyl replacement windows and offers generously sized 2-bedroom, 1-bath units with bright living rooms and eat-in kitchens. A full basement provides laundry hookups and additional storage. Currently, four units are occupied (two with Section 8) and with potential to add another $1,700 once the remaining two units are leased. With all major mechanicals in place, this property is well-positioned for steady rental income and future equity growth. Close to schools, public transit, parks, and just minutes from downtown Cleveland—an excellent choice for investors or owner-occupants.
Location
State OH
County Cuyahoga
Rooms
Basement Full, Unfinished
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Parking Features Driveway
Water Access Desc Public
Roof Type Rubber
Total Parking Spaces 10
Building
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 110-29-094
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Listed by Carol Y Joiner • Keller Williams Greater Metropolitan • cyjoiner@gmail.com, 216-554-3413
