3609 Archwood AVE new Save Request In-Person Tour Request Virtual Tour
Cleveland,OH 44109
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
Parking Type Detached,Garage
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