$254,900

About this home

Massive cash flow opportunity at 3477 Berea Road. This legally zoned triplex currently features two 2-bedroom units and one 1-bedroom third-floor unit, with the two main units easily convertible into 3-bedroom units for additional rental upside. Major components include two 2016 furnaces, water heaters from 2013, 2015, and 2022, vinyl windows, vinyl siding, and an approximately 10-year-old roof. Located in an established Cleveland rental area with convenient access to shopping, schools, public transportation, and major roadways. With three legal units, strong value-add potential, and the ability to increase bedroom count and rents, this property offers excellent cash flow and long-term upside. Professional property management resources are available for remote investors, including leasing coordination, tenant communication, maintenance, and repair support. For buyers looking to expand their Cleveland rental portfolio or acquire a high-cash-flow multifamily asset, this property offers an attractive combination of condition, scalability, and long-term income potential. Contact your favorite realtor for additional information or schedule a showing.

Property details

MLS #

5234911

Property type

Triplex

Subdivision

Lorain Villas

Status

Active

Days on market

7

On market date

N/A

Stories

N/A

Garage spaces

2

Lot size

0.1087 acres

Nearby schools

Within 10 miles · public school directory data (NCES)