Six-Unit Apartment
3865 W 40th St Cleveland, OH 44105
3865 W 40th St, Cleveland, OH, 44105
$550,000
For Sale
$550,000
Six-unit income property with four recently renovated units and separate gas and electric metering.
Property Size9,600 SF
Price / SF$57.29
Days on Market133
Property Features for 3865 W 40th St
General Information
- Standard status
- Active
- Size
- 9,600 SF
Listing agency
Keller Williams Elevate
(440) 223-0575
Listed by
Antonio Biasiotta · License #2015003682
(440) 223-0575
Source
Exprealty
Added: Mar 11 Updated: Jul 21 at 1:24AM Checked: Jul 21 at 1:24AM
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Investment Insights
Based on property information with market context.
This six-unit apartment building offers a practical layout across two occupied levels, with a main floor living area and kitchen, second-floor bedrooms and a full bathroom, and an unfinished basement. Four of the six units have recently been renovated, including new flooring, interior and exterior paint, vinyl windows, updated kitchen cabinets and countertops, and refreshed bathroom finishes. Updates also include electric ranges and replacement electric panels, along with high-efficiency furnaces and hot water tanks.
The property is located in Ohio’s Brooklyn Centre Historic District at 3865 W 40th St, Cleveland, OH. Units are separately metered for gas and electric.
The current configuration consists of 4 three-bedroom units and 2 two-bedroom units. The property may be operated as market rent, with the option to accept Voucher-based Section 8 Subsidy.
The property is located in Ohio’s Brooklyn Centre Historic District at 3865 W 40th St, Cleveland, OH. Units are separately metered for gas and electric.
The current configuration consists of 4 three-bedroom units and 2 two-bedroom units. The property may be operated as market rent, with the option to accept Voucher-based Section 8 Subsidy.
Key Highlights
- Six‑unit building with over 9,600 SF, offering 4 three‑bedroom units and 2 two‑bedroom units.
- Four units have recently been renovated with new flooring, interior/exterior paint, vinyl windows, and updated kitchen and bath finishes.
- Separately metered gas and electric, with new electric panels, high‑efficiency furnaces, and hot water tanks.
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FAQs
What type of property is this?
Apartment building - Six-unit income property with four recently renovated units and separate gas and electric metering.
Where is this apartment building located?
The property is located at 3865 W 40th St Cleveland, OH.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Six‑unit building with over 9,600 SF, offering 4 three‑bedroom units and 2 two‑bedroom units.; Four units have recently been renovated with new flooring, interior/exterior paint, vinyl windows, and updated kitchen and bath finishes.; Separately metered gas and electric, with new electric panels, high‑efficiency furnaces, and hot water tanks.