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3609 Archwood Avenue, Cleveland, OH 44109

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For Sale

$149,900

6 beds • 2 baths • 2,748 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $54.55
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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!
MLS# 5084212

Courtesy Of Keller Williams Citywide

(440) 892-2211

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Appliances
    Dishwasher, Range, Refrigerator, Washer
  • Architecture Style
    Other
  • Cooling System
    None
  • Exterior Type
    Vinyl Siding, Wood Siding
  • Lot Size
    0.16 Acres
  • Roof Type
    Asphalt

Map and Directions

Directions to 3609 Archwood Avenue, Cleveland, OH 44109

Home seller CENTURY 21 HomeStar

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 HomeStar

(440) 449-9100
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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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