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$195,000
Est. payment /mo
6 Beds
3 Baths
2,476 SqFt
UPDATED:
11/21/2024 03:43 PM
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,476 sqft
Price per Sqft $78
Subdivision Storer
MLS Listing ID 5077964
Bedrooms 6
Full Baths 3
HOA Y/N No
Abv Grd Liv Area 2,476
Year Built 1900
Annual Tax Amount $519
Tax Year 2023
Lot Size 5,118 Sqft
Acres 0.1175
Property Description
This turnkey triplex, located in an up-and-coming area, is a fantastic investment opportunity ready to generate immediate cash flow. The spacious lower unit offers 3 bedrooms and 1 bath, while the upper levels feature a studio unit and a 2-bedroom unit. Ideal for investors who prefer to manage their own leases or for owner-occupants! Recent updates include fresh paint, modern flooring, and more throughout. Outside, you'll find a 2-car garage with newer siding and a recently installed fence. All major systems, including furnaces, hot water tanks, and electrical, have been updated. A unique benefit is the separate exterior access to the mechanical room, making maintenance a breeze. The occupied units are CMHA at below market rents. They are on yearly leases. A property manager is in place if new buyer wants to utilize. Also, there is a home warranty on property that expires July 2025 and is transferable to a new buyer.
Location
State OH
County Cuyahoga
Rooms
Basement Full, Unfinished
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Garage Driveway, Detached, Garage
Garage Spaces 2.0
Garage Description 2.0
Fence Fenced
Waterfront No
Water Access Desc Public
Roof Type Shingle
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 016-19-082
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Listed by Gerald Quade • Redfin Real Estate Corporation • jerry.quade@redfin.com 440-487-1400