$295,000
About this home
Welcome to this triplex ideally located near the Cleveland/Lakewood border. This income-producing property offers an excellent opportunity for investors or owner-occupants seeking to offset living expenses with rental income. The property is currently fully occupied. The middle unit is leased at $850 per month, providing immediate rental income. The first and third-floor units are currently occupied but will be delivered vacant at the time of transfer, giving the next owner the flexibility to establish new lease terms at current market rates or occupy one of the units while leasing the others. The middle unit features its own in-unit laundry, while the first and third-floor units share laundry facilities located in the basement. Off street/driveway parking is available. Conveniently located with easy access to shopping, dining, parks, major highways, and downtown Cleveland, this property offers strong income potential and flexibility for a variety of ownership goals.
Property details
- MLS #
- 5232762
- Property type
- Triplex
- Subdivision
- Edgewater Land Co
- Status
- Active
- Days on market
- 4
- On market date
- N/A
- Stories
- 3
- Garage spaces
- N/A
- Lot size
- 0.2066 acres
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 166
- Student:teacher ratio
- 11.1:1
- District
- Cleveland Municipal
- Enrollment
- 74
- Student:teacher ratio
- 37.0:1
- District
- Constellation Schools: Stockyard Community Middle
- Enrollment
- 187
- Student:teacher ratio
- 37.4:1
- District
- Lake Erie International High School
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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated 16 days ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.