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Key Details
Sold Price $110,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,956 sqft
Price per Sqft $56
Subdivision Seidman
MLS Listing ID 4498340
Sold Date 01/16/24
Bedrooms 5
Full Baths 3
HOA Y/N No
Abv Grd Liv Area 1,956
Year Built 1918
Annual Tax Amount $1,804
Lot Size 4,717 Sqft
Acres 0.1083
Property Description
Solid 5-bed 3-bath triplex on the West side with brand new roof! Currently fully occupied with long term tenants who are all current with rental payments. The current rents are $695 (2bed, until 8/31/24) + $685 (2 bed, until 5/31/24) + $560 (1 bed, until 6/20/24) The foundation has a small horizontal bow to it-- the seller received quotes for $22-28k in order to completely fix. A great property that offers immediate cash flow with opportunity to increase rental income over time. Very straightforward way for an investor to add 3 more units to their portfolio! Roof just replaced in September 2023.
Location
State OH
County Cuyahoga
Rooms
Basement Full, Unfinished
Interior
Heating Forced Air, Gas
Cooling None
Fireplace No
Laundry Common Area
Exterior
Garage Detached, Garage, Paved
Garage Spaces 2.0
Garage Description 2.0
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Building
Entry Level Three Or More
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 017-33-007
Acceptable Financing Cash, Conventional, Trade
Listing Terms Cash, Conventional, Trade
Financing Cash
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Bought with Ryan McCullough • RE/MAX Above & Beyond