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Cozy and Inviting
3387 E 106th is a lovely single-family residence built in 1953 and located in Union-Miles Park, Cleveland. The property enjoys masonry foundations and aluminum siding, and features 1,188 square feet of living space on a 5,227 square-foot lot with 3 bedrooms, 1.5 bathrooms, gas and forced air heating, a dedicated driveway, and a front yard. Residents will also enjoy nearby Luke Easter Park, a wide green and safe area with numerous tracks, a swimming pool, and the Zelma Watson George facility for roller and skating activities.
Accessible Residences
Union-Miles Park is a vibrant neighborhood in Cleveland known for its community-oriented atmosphere and family-oriented amenities. Due to its deep industrial roots, the area is predominantly composed of accessible rental residences designed specifically for workers in the local manufacturing industries. The neighborhood is well-equipped with practical amenities such as grocery stores, cafés, and restaurants, providing convenient options for dining and shopping. It also offers educational and cultural resources like the Union-Miles Park Library. Additionally, the local recreation center offers sports and fitness opportunities for all ages.
Profitable Investment Potential
3387 E 106th presents an excellent investment opportunity in an up-and-coming neighborhood, with an anticipated 9.39% rental income for token holders at a purchase price of $97,116.40. The property also includes a $20,000 renovation budget to change the kitchen fridge and oven and upgrade the plumber, landscaping, and painting. This house is our newest addition in the Union-Miles Park neighborhood, which also includes 10008 Elizabeth, 4159 E 112th, 10905 Eliot, 4147 E 99th, 9904 Raymond, and 11410 Avon. Our significant portfolio of properties in this area illustrates our strategy to capitalize on a high-demand area.
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