OH > Cleveland > Bush & Gates Allotment
Cleveland, OH 44109,3609 Archwood AVE
Cleveland, OH 44109,3609 Archwood AVE
Cleveland, OH 44109,3609 Archwood AVE
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Divvy Realty

Divvy Realty

+1(972) 497-8340
$149,900
Est. payment /mo
6 Beds
2 Baths
2,748 SqFt
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UPDATED:

11/11/2024 10:10 PM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,748 sqft

Price per Sqft $54

Subdivision Bush & Gates Allotment

MLS Listing ID 5084212

Bedrooms 6

Full Baths 2

HOA Y/N No

Abv Grd Liv Area 2,748

Year Built 1890

Annual Tax Amount $1,859

Tax Year 2023

Lot Size 6,751 Sqft

Acres 0.155

Property Description

Prepare to be Moved! Welcome to 3609 Archwood Ave, a rare find in the up-and-coming neighborhood of Cleveland’s Old Brooklyn area. This spacious, side-by-side duplex offers over 2,700 sq ft of above-ground living space, w/ 2 generously sized 2-story units, each featuring 3 bedrooms & 1 bathroom. Whether you’re looking for a lucrative investment or a home w/ rental income potential, this property has it all. The home maintains its timeless charm w/ original hardwood floors, detailed woodwork, & beautiful millwork throughout, while offering plenty of opportunity for customization & modernization. The huge kitchen was thoughtfully renovated (2022), & the bathroom was updated within the past 5 years. The foundation is in excellent condition for a home of its age, providing a solid base for future improvements. The City of Cleveland is committed to revitalizing the neighborhood, & w/ low-interest renovation loans available, this property is primed for a new chapter w/ the flexibility to add your personal touch. The area’s upward trajectory makes this an investment opportunity that is sure to appreciate quickly. With the potential to generate over $33,600 annually in rental income—$2,800/month or more in long-term rents—this property could be an excellent source of passive income. Alternatively, occupy 1 unit & let the other unit help pay your mortgage or bills. Whether you’re interested in Airbnb, short-term or long-term rentals, or creating your dream home, the possibilities are endless. Comparable, smaller properties on the same street have sold for over $255,000 after renovations, making this a prime opportunity to create significant equity w/ the right updates. Don’t miss out on this exceptional opportunity to own a piece of Cleveland history while benefiting from the city’s revitalization efforts. W/ great potential & a solid foundation, 3609 Archwood Ave is waiting for you to bring it back to life. Contact us today to schedule a viewing!

Location

State OH

County Cuyahoga

Rooms

Basement Full, Unfinished

Interior

Heating Forced Air

Cooling None

Fireplace No

Appliance Dishwasher, Range, Refrigerator

Laundry In Basement

Exterior

Garage Detached, Garage

Garage Spaces 1.0

Garage Description 1.0

Fence Partial

Waterfront No

Water Access Desc Public

Roof Type Asphalt,Shingle

Private Pool No

Building

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 015-23-134

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Ed Huck • Keller Williams Citywide • teaminfo@edhuckteam.com 440-617-2500

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Divvy Realty

+1(972) 497-8340

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3609 Archwood AVE