8302 Sowinski AvenueCleveland, OH 44103

8302 Sowinski AvenueCleveland, OH 44103

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$145,000 Active
Multi Unit - Multiple MLS 5183346
6 beds 3 full baths 2,544 sqft

Listed By

Agency Name: HomeSmart Real Estate Momentum LLC
Agency Contact: resp40@gmail.com, 440-212-6456

Shown By

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

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Property Description

Investors?don't miss this opportunity! Own a renovated multi-family property located on a quiet street directly across from a church and primary school. This property is currently vacant, allowing for easy showings and immediate occupancy. With projected gross rental income of approximately $22,000 per year?and potential for more?this investment offers a strong return compared to similar properties in the area. This home has undergone extensive renovations, extending its lifespan and reducing future maintenance costs, including: Brand-new roof shingles, New exterior doors and windows, Updated furnaces, New water and drain lines throughout. The downstairs unit has 3 bedrooms and 2 bathrooms. The upstairs unit has 3 bedrooms, with a potential 4th bedroom and 1 bathroom. Both Units have undergone renovation of New shower in rear bathroom and a New tub/shower in front bathroom of the lower unit, Elongated toilets, New bathroom flooring, New kitchen base cabinets and countertops, and fresh paint throughout. The appliances remain and include: Refrigerator, Stove/Range, Washer & Dryer. This well-maintained property reflects pride of ownership and thoughtful upgrades throughout. All that's left to do is purchase and start generating rental income right away. Call the agent today for more details or to schedule a showing.

8302 Sowinski Avenue | MLS# 5183346

This multi-family property located at 8302 Sowinski Avenue, Cleveland, OH 44103 is currently listed for sale with an asking price of $145,000. Sowinski Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on 15ontariotrail.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full
Basement: Yes
Cooling: Central Air
Days on Market: 38
Heating: Forced Air
Lot Size: 0.07 Acres
Roof Type: Asbestos Shingle
Stories: 2.0
Taxes: $1,713 / year
Year Built: 1890

Feature Descriptions

Appliances: Dryer, Range, Refrigerator, Washer
Exterior: Vinyl Siding
Parcel#: 107-06-072
Parking: Driveway, On Street
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Demographics

Cuyahoga County Demographic Information for 8302 Sowinski Avenue, Cleveland, OH 44103
Fips
Fips Code 39035
Population
2020 to 2023 Change down 2.5%
2010 Count 1,280,122
2020 Count 1,264,817
2023 Estimate (V2023) 1,233,088
2020 Estimate (V2023) 1,264,775
Age Distribution (Years Old)
0 to 4 5.3%
5 to 17 20.3%
18 to 64 54.8%
65 and Older 19.6%
Gender
Male 48.1%
Female 51.9%
Place of Birth
Foreign 7.6%
US 92.4%
Education
High School Graduate, Age 25+ 90.9%
Bachelor's Degree or Higher, Age 25+ 35.2%
Computer and Internet use
Households with a computer 92.0%
Households with a broadband Internet subscription 85.7%
Language
English is Second Language, Age 5+ 12.3%
English is First Language, Age 5+ 87.7%
Veterans
Veterans 60,427
Income
Per Capita Income $39,807
Median Household Income $60,074
People in Poverty 16.6%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 615,116
Households 552,421
Average Household Size 2.23
Owner-Occupied 58.4%
Multi-Family 34.9%
Owner-Occupied Median Value $168,700
Median selected monthly owner costs -with a mortgage $1,472
Median selected monthly owner costs -without a mortgage $630
Median gross rent $952
Building Permits
New Private Housing Issued 2023 1,028
Years at Residence
1 Year or More 86.1%
Less Than 1 Year 13.9%
Business and Employment
Private non-farm Establishments 31,738
Private non-farm Employment 631,443
Private non-farm Employment Growth up 0.7%
Nonemployer Establishments 105,877
Number of Firms 114,192
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

$ 892.50 per month $707.46 Principal & Interest $142.75 Property Tax $42.29 Homeowner's Insurance

Change Payment Information

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