3255 W 116th StreetCleveland, OH 44111

3255 W 116th StreetCleveland, OH 44111

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$299,900 Active
Multi Unit - Multiple MLS 5212757 New to the Market

Listed By

Agency Name: Howard Hanna
Agency Contact: marienader@howardhanna.com, 216-407-1974

Shown By

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

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Property Description

Location. Location. Location. Wonderful opportunity to own this stunning and totally updated multi family home offering 5 bedrooms and 2 full baths. This property is located within walking distance to parks, shopping and entertainment. Few minutes from Edge water beach and downtown Cleveland. First floor unit features a well designed floor plan with a spacious living room that opens seamlessly to th dining room and state of the art kitchen. Second floor unit also offers a spacious living room, formal dining room and a gourmet kitchen with 3 bedrooms and a full modern bath includes the finished third floor. Both kitchens features high quality cabinets paired with sleek quartz countertops and stainless appliances. Front porch and balcony. 2 car garage. Separate utilities and separate laundry hookups. Recent updates include 2 furnaces and 2 new AC units, updated kitchens, updated bathrooms, new flooring, new light fixtures, new windows, new roof, new hot water tanks, fresh paint and much much more. Don't miss this once in a lifetime opportunity. Live in one unit and have your tenants pay your mortgage or rent both units and enjoy the cash flow. Potential rent around $3500 per month. Call for your private tour.

3255 W 116th Street | MLS# 5212757

This multi-family property located at 3255 W 116th Street, Cleveland, OH 44111 is currently listed for sale with an asking price of $299,900. W 116th Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on 780homeroad.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: Central Air
Garage: 2
Heating: Forced Air
Lot Size: 0.09 Acres
Roof Type: Asphalt
Stories: 3.0
Taxes: $2,475 / year
Year Built: 1920

Feature Descriptions

Appliances: Dishwasher, Range, Refrigerator
Exterior: Aluminum Siding, Vinyl Siding
Laundry: In Basement
Parcel#: 005-09-092
Parking: Driveway, Detached, Garage
Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Demographics

Cuyahoga County Demographic Information for 3255 W 116th Street, Cleveland, OH 44111
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

$ 1,833.92 per month $1,540.20 Principal & Interest $206.25 Property Tax $87.47 Homeowner's Insurance

Change Payment Information

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