OH > Cleveland > Stone Hickox Hosmer Bates & Smith
Cleveland, OH 44105,6415 Gertrude AVE
Cleveland, OH 44105,6415 Gertrude AVE
Cleveland, OH 44105,6415 Gertrude AVE
Cleveland, OH 44105,6415 Gertrude AVE
Cleveland, OH 44105,6415 Gertrude AVE
Cleveland, OH 44105,6415 Gertrude AVE
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Shawana Hanson

Shawana Hanson

+1(216) 971-3161
$ 349,900
Est. payment | /mo

10 Beds

3 Baths

3,772 SqFt

Save
$ 349,900
Est. payment | /mo
Save

10 Beds

3 Baths

3,772 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,772 sqft

Price per Sqft $92

Subdivision Stone Hickox Hosmer Bates & Smith

MLS Listing ID 5174051

Bedrooms 10

Full Baths 3

Construction Status Updated/Remodeled

HOA Y/N No

Abv Grd Liv Area 2,848

Year Built 1910

Annual Tax Amount $1,717

Tax Year 2024

Lot Size 5,201 Sqft

Acres 0.1194

Property Sub-Type Triplex

Property Description

Welcome to 6415 Gertrude Ave, a fully renovated triplex offering a powerful combination of cash flow, modern updates, and long term stability. With two updated units in the main building and a separate single family home in the rear, this setup gives buyers versatility and strong rental appeal. The entire property has been updated from top to bottom with a brand new roof, new vinyl windows, updated electrical and plumbing systems, new furnaces, and new water tanks. Each unit has been refreshed with clean finishes and its own dedicated laundry area, making it both appealing to tenants and easier to manage. Projected rents total $4,494 per month, generating an estimated annual NOI of about $35,000 and placing this property at an approximate 10% cap rate, a rare return for something this updated and move in ready. Whether you're expanding a portfolio or looking for a property where you can live in one unit and let the other two cover the mortgage while still producing income, this triplex delivers flexibility and strong financial upside. Located near major roads, transit, and neighborhood amenities, this property offers a clean, turn key opportunity for both new and experienced investors. Schedule your private showing today.

Location

State OH

County Cuyahoga

Rooms

Basement Unfinished

Interior

Heating Forced Air

Cooling None

Fireplace No

Laundry Lower Level

Exterior

Parking Features Driveway

Water Access Desc Public

Roof Type Shingle

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 132-13-050

Special Listing Condition Standard

Northern Ohio Regional MLS (YES-MLS)
Listed by Joel Rodriguez Velez • Keller Williams Citywide • joelrodriguez@kw.com, 216-313-1578
Shawana Hanson

"Whether you're looking to purchase your first home, dream home, investment property, and/or sell your current home, I am committed to providing you with high-quality bespoke services."

+1(216) 971-3161

info@luxehauscle.com

1991 Crocker Rd. Suite 600, Westlake, OH, 44145, United States

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6415 Gertrude AVE