8 Beds
2 Baths
7,191 Sqft Lot
8 Beds
2 Baths
7,191 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 5150174
Bedrooms 8
Full Baths 2
HOA Y/N No
Year Built 1910
Annual Tax Amount $1,345
Tax Year 2024
Contingent Inspections
Lot Size 7,191 Sqft
Acres 0.1651
Property Sub-Type Triplex
Property Description
This 8-bedroom property just off Euclid Avenue in Cleveland's growing 44103 area is a strong cash-flow opportunity for investors. The home features a shared kitchen and 2 full shared bathrooms, with 6 bedrooms currently occupied with month to month tenants and producing $2,775/month in rental income. The property does need work, making it ideal for buyers looking to add value and increase returns. Once updated and fully leased, the income potential is even greater. Property is being sold as-is, the seller will make no repairs. Located near ongoing redevelopment, public transit, and neighborhood amenities, this is a chance to secure a high-demand rental in a booming Cleveland market.
Location
State OH
County Cuyahoga
Rooms
Basement Common Basement
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Parking Features Driveway, On Street
Water Access Desc Public
Roof Type Shingle
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 118-08-031
Special Listing Condition Standard
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1991 Crocker Rd. Suite 600, Westlake, OH, 44145, United States