Property
Beds
5
Full Baths
3
1/2 Baths
None
Year Built
1911
Sq.Footage
2,700
No wholesalers. No Seller financing. No low ball offers. This triplex presents an outstanding value-add opportunity for investors seeking their next BRRRR, renovation, or long-term cash-flow project. This triplex offers a flexible unit mix consisting of two 2-bedroom, 1-bath units on the first and second floors, plus a 1-bedroom, 1-bath unit on the third floor. Each unit features spacious living areas and kitchen space layouts, providing a strong foundation for improvements and future rental income. The property also includes a basement, offering additional storage space and potential value-add opportunities. The third-floor unit benefits from separate electric service, baseboard heating, and its own electric water heater, providing added utility separation and management flexibility. With renovations and updates, investors have the opportunity to maximize rental performance and increase overall property value. Market rents are estimated at approximately $900 per month per unit, creating attractive income potential once stabilized. Conveniently located in Cleveland, the property offers easy access to Interstate 90, downtown Cleveland, University Circle, Cleveland Clinic, University Hospitals, shopping centers, restaurants, public transportation, schools, parks, and everyday amenities. Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors! Whether you’re looking to execute a BRRRR strategy, expand your rental portfolio, or reposition a multifamily asset for stronger returns, this triplex presents a compelling opportunity with significant upside potential!
Features & Amenities
Interior
-
Total Bedrooms
5
-
Bathrooms
3
-
Above Grade Finished Area
2700.0
-
Basement YN
YES
-
Cooling YN
NO
-
Cooling
None
-
Heating YN
YES
-
Heating
Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Shingle Siding
-
Parking
Driveway
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.0884
-
Property Type
Residential Income
-
Property Sub Type
Triplex
Price
-
Sales Price
$60,000
-
Tax Amount
$1,140
-
Sq. Footage
2, 700
-
Price/SqFt
$22
HOA
-
Association
No
School District
-
Elementary School
Cleveland Municipal - 1809
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
3
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Cuyahoga
Elementary School
Cleveland Municipal - 1809
Middle School
High School
Listing Courtesy of Michael Azzam , RE/MAX Haven Realty
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AGENT
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