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$135,000
Est. payment /mo
7 Beds
3 Baths
2,444 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,444 sqft
Price per Sqft $55
Subdivision Morgan
MLS Listing ID 5117187
Bedrooms 7
Full Baths 3
HOA Y/N No
Abv Grd Liv Area 2,444
Year Built 1910
Annual Tax Amount $2,344
Tax Year 2024
Lot Size 5,127 Sqft
Acres 0.1177
Property Sub-Type Triplex
Property Description
Slavic Village 3-unit rental property perfect add to any portfolio. Full occupancy, earn cash flow from day 1 generating $23,100/yr rental income (self-pay tenants). Expenses approx. $7,000/yr, CAP RATE 12% Many updates to each unit. Back Lower Unit - $475/month, 1 bed 1 bath, new plumbing, drain, bath fixtures, paint carpet. Front Lower Unit - $650/month, 2 beds 1 bath, LVT flooring throughout, paint, carpet, newer bath. Upper Unit - $800/month, 2 bed 1 bath, paint, tiled shower, access to third floor "den" not a bedroom and attic. Basement structurally sound, support posts replaced, many sistered joists, one newer furnace and new hot water tanks x3, coin washer/dryer will stay. Roof estimated 2011. No wholesaling or seller financing, straight sale only.
Location
State OH
County Cuyahoga
Rooms
Basement Unfinished
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Parking Features Driveway, No Garage
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 132-06-077
Special Listing Condition Standard
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Listed by Jeffrey C Longo • Keller Williams Greater Metropolitan • j.longo@kw.com 440-554-3949