For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $48,500
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,969 sqft
Price per Sqft $24
Subdivision Ranney & Herricks Sub
MLS Listing ID 4204305
Sold Date 07/24/20
Bedrooms 4
Full Baths 3
Construction Status Fixer
HOA Y/N No
Abv Grd Liv Area 1,969
Year Built 1918
Annual Tax Amount $781
Lot Size 3,750 Sqft
Acres 0.0861
Property Description
Attention Investors!! Add this fixer-upper investment to your portfolio and let your money work for you! Great rental property located 3 blocks from Ohio Technical College. This property has one long-term, month-month tenant in the front unit and open for rent increase after rehab. With a little elbow grease, you could easily turn this under-performing Triplex into a cash-flow machine. On average 2bd/1 bath Rentals collect $680 per unit/mo and up to $860/unit when completely rehabbed. The property next door is also For Sale @ 1378 E 52 St, Cleveland, OH 44103 for $40,000. Huge basement with ample storage space for all three units and huge 2 car garage. No showings until 7/11/2020
Location
State OH
County Cuyahoga
Interior
Heating Forced Air, Gas
Cooling None
Fireplace No
Exterior
Garage Detached, Garage, Paved
Garage Spaces 2.0
Garage Description 2.0
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Building
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
Construction Status Fixer
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 104-10-059
Financing Cash
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Anthony W May • Howard Hanna