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Key Details
Sold Price $192,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,664 sqft
Price per Sqft $52
Subdivision Storer
MLS Listing ID 4449432
Sold Date 07/05/23
Bedrooms 7
Full Baths 3
HOA Y/N No
Abv Grd Liv Area 2,476
Year Built 1900
Annual Tax Amount $3,532
Lot Size 5,118 Sqft
Acres 0.1175
Property Description
Turnkey triplex in appreciating area that's ready to cash flow. The lower unit is huge and consists of 4 bedrooms with a market rent of $1200/mo or more. Upstairs you'll find a studio unit and a 2-bed unit- together, all units will cashflow nearly $2600/mo! Perfect for an investor who likes control of their own leases or owner occupant! Units have been updated with paint, new floors, and more. There is a 2 car garage with brand new siding and a newly built fence outside. All mechanicals (furnaces and hot water tanks) and electric have been updated. An awesome feature is that the mechanical room is accessible through a separate exterior door which is GREAT for maintenance. Tenants are responsible for gas and electric. Units are now being marketed for rent. Great returns. Great area for Great appreciation. Great investment overall. Inspection report available on request.
Location
State OH
County Cuyahoga
Rooms
Basement Full, Unfinished
Interior
Heating Forced Air, Gas
Cooling None
Fireplace No
Laundry None
Exterior
Garage Detached, Garage, Paved
Garage Spaces 2.0
Garage Description 2.0
Water Access Desc Public
Roof Type Other
Building
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 016-19-082
Financing Conventional
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Bought with Andrea T Wilson • BHR & Associates