4099 E 56th StreetCleveland, OH 44105

4099 E 56th StreetCleveland, OH 44105

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$130,000 Pending
Multi Unit - Multiple MLS 5110770 Pending

Listed By

Agency Name: Russell Real Estate Services
Agency Contact: jessek.cst@gmail.com, 440-212-5656

Shown By

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

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Property Description

Welcome to 4099 E 56th St in Cleveland, a well maintained multifamily property offering an excellent investment opportunity located in the Newburgh Heights neighborhood. This property features two spacious units, each one bedroom one bathroom although the upstairs has a flex space that can be used as a second bedroom. Both units have been cosmetically updated, providing modern finishes. The property has been well cared for with the roof and mechanicals updated within the last five years, giving you peace of mind and lower maintenance costs. With its convenient location, recent updates, and strong rental potential, this duplex is ideal for investors looking to expand their portfolio or for owner occupants seeking rental income.

4099 E 56th Street | MLS# 5110770

This multi-family property located at 4099 E 56th Street, Cleveland, OH 44105 is currently listed for sale with an asking price of $130,000. E 56th Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on 9590shawneetrail.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: None
Days on Market: 337
Heating: Forced Air
Lot Size: 0.09 Acres
Roof Type: Asphalt, Shingle
Stories: 2.0
Taxes: $1,209 / year
Year Built: 1900

Feature Descriptions

Exterior: Aluminum Siding, Vinyl Siding
Parcel#: 132-22-094
Parking: Off Street
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Demographics

Cuyahoga County Demographic Information for 4099 E 56th Street, Cleveland, OH 44105
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

$ 772.94 per month $634.27 Principal & Interest $100.75 Property Tax $37.92 Homeowner's Insurance

Change Payment Information

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