It looks like you’re in the U.S.

To view our offerings and start building your digital real estate portfolio, you will need to complete ID Verification, including U.S. Accredited Investor verification.


3344 E 140th St, Cleveland, OH 44120

View Smart Contracts: Eth xDai

Total Investment: $ 197,372.00

Reg S: Non-U.S. Only

This property is not available for purchase in your area.

Questions/Need Help? Email Us.

Property Highlights

  • Expected Income

    9.80%

    Not including capital appreciation

  • Rent per Token

    $ 5.09 / year
  • Rent Start Date

    March 1, 2022
  • Token Price

    $ 51.94
  • Total Tokens

    3,800

All financial statements of property yield are best estimates based on current conditions, and can change at any time.

We are targeting the above yield for investors; however, no assurance can be given that you will obtain any return on investment, and there is a risk that you can lose your entire investment.

  • Property Type

    Multi Family
  • Neighborhood

    Mount Pleasant
  • Construction Year

    1926
  • Total Units

    4 Units
  • Bedroom/Bath

    4x2 Bed / 4x1 Bath
  • Rental Type

    Long-term
  • Rented?

    Fully Rented
  • Section 8?

    No

Property Financials

  • Gross Rent / year

    $ 27,720.00
  • Gross Rent / month

    $ 2,310.00
  • Monthly Costs

    - $ 698.00
    • Property Management (8.00%)
      - $ 184.80
    • RealT Platform (2.00%)
      - $ 46.20
    • Maintenance Expenses
      - $ 115.00
    • Property Taxes
      - $ 172.00
    • Insurance
      - $ 90.00
    • Utilities
      - $ 90.00
  • Net Rent / month

    $ 1,612.00
  • Net Rent / year

    $ 19,344.00
  • Total Investment

    $ 197,372.00
    • Underlying Asset Price
      $ 158,000.00
    • Operating Expense Reimbursement (10%)
      $ 19,735.56
    • Initial Maintenance Reserve
      $ 4,620.00
    • Initial Renovation Reserve
      $ 15,000.00
    • Unrounded Listing Price
      $ 197,355.56
    • Rounding Difference
      $ 16.44
  • Expected Income

    9.80%

    Not including capital appreciation

Property Details

  • Lot Size (sqft)

    5,662
  • Exterior Walls

    Brick
  • Roof Type

    Asphalt
  • Parking

    Street Parking
  • Interior Size (sqft)

    4,254
  • Heating

    Forced Air / Natural Gas
  • Cooling

    None

Test Renovation content!

About the Property

3344 E 140th

This adorable brick 4-unit multifamily was built in 1926, and retains that era’s classic brick styling along with some gorgeous detailing around the front windows and doors. Each of its four units enjoys an independent balcony as well as two bedrooms, and the greater neighborhood of Mount Pleasant is just that – pleasant! – filled with well-maintained homes from a variety of periods.

Located several long blocks from the highway, E 140th is a quiet place to live that makes for an excellent rental investment property, and RealT has set aside $15,000 to make sure it keeps its charm for years to come!

Map

Property Records

Please sign in to view property records. Sign In >

Why Cleveland?

Invest Right

Cleveland is a city transformed. Once dependent on the manufacturing industry for its prosperity, this vibrant midwest city has reinvented its economy and diversified into a myriad of industries including service, high-tech, blue- and white-collar employment. This makes the city stronger overall, and poised for growth wherever the future takes it.

Cleveland’s recent building boom is driven by its excellent rental market and the growing tourism and convention industry, and it has been identified as a top location for college graduates to start their careers. Add to that the natural beauty of Lake Erie’s southern shore, the Rock and Roll Hall of Fame, one of the world’s finest orchestras, and lively major-league sports teams, and it’s easy to see why Cleveland is the place to be.

The Interests, in the form of Series #1 RealTokens and future series of RealTokens, being offered are highly speculative in nature, involve a high degree of risk and should be purchased only by persons who can afford to lose their entire investment. There can be no assurance that the Company’s business objectives will be achieved or that a secondary market would ever develop for the Interests, whether via the RealToken Website, via third party registered broker-dealers or otherwise. Investing in private placements requires high risk tolerance, low liquidity concerns, and long-term commitments. The Interests being sold are not FDIC insured, may lose value, and there is no bank or other guarantee.

Previous Properties

No Previous Properties were found for your area. US persons can only view US-only properties, and non-US persons can only view Non-US properties. If you believe you're seeing this message in error, please contact us via chat in the lower right corner of the website!
It looks like there are no previous properties at this time.
To improve site performance, the previous property query has been temporarily disabled until 18:03 UTC

    RealT has sold 188 other properties to investors around the world!

    For more information about these properties, please contact us via chat in the lower right corner of your screen, or email us at [email protected].