UPDATED:
11/25/2024 02:40 PM
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Pending
Purchase Type For Sale
Square Footage 2,738 sqft
Price per Sqft $40
MLS Listing ID 5085425
Bedrooms 5
Full Baths 3
Construction Status Updated/Remodeled
HOA Y/N No
Abv Grd Liv Area 2,738
Year Built 1911
Annual Tax Amount $797
Tax Year 2023
Lot Size 4,399 Sqft
Acres 0.101
Property Description
The middle unit is currently occupied by a long-term tenant paying $700/month, providing immediate rental income. The other two units are vacant and ready for new tenants, giving you the flexibility to set market rents. Given the prime location, this property is ideal for medical professionals, students, families or faculty looking for convenient living spaces close to Cleveland?s top institutions.
Recently updated throughout, this property is move-in ready with modern finishes and excellent potential for further value appreciation. Whether you're an experienced investor or a first-time buyer looking to start your portfolio, this triplex offers strong cash flow potential with room for growth.
Don't miss out on this steal of an opportunity!
Location
State OH
County Cuyahoga
Rooms
Basement Full
Interior
Heating Forced Air
Cooling Ceiling Fan(s), None, Window Unit(s)
Fireplace No
Exterior
Parking Features Driveway
Water Access Desc Public
Roof Type Slate
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Construction Status Updated/Remodeled
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 109-04-048
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard