Link Copied
640
  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size 3870 sqft
Garage No
Taxes $1,210
Days Active 3
Lot Size 
Approx. Age 1920
Avg. Price Per Sqft $46
MLS® Number 5144775

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Fully turnkey triplex in Mount Pleasant delivering immediate income potential and long-term upside. The property consists of three units, each with private entrances. The first-floor unit includes the finished basement, offering 3 bedrooms and 1.5 baths, and is currently vacant. The second-floor unit is a 2 bed, 1 bath, also vacant. The third-floor unit is a 1 bed, 1 bath currently occupied by a reliable month-to-month tenant paying $650 who would like to stay. Market rents support $1, 100 for the 3 bed, $1, 000 for the 2 bed, and $750 for the 1 bed, giving a projected gross rental income of $2, 850/month with room for upside. Major capital improvements include a brand-new roof, one new hot water heater, and fully updated interiors. Lead risk assessment and clearance exam in process to meet Cleveland’s Lead Safe requirements prior to occupancy. With all major work complete, this is a clean acquisition with strong cash flow, low maintenance, and immediate scalability. To allow everyone a chance to view the property, the seller will not review any offers on Tuesday at :400 PM. No offers will be accepted prior.Show Description
MLS® Number5144775
Laundry Level
Central VacNo
FireplaceNo
Acreage0.1175
Exterior
GarageNo
Approx. Age1920
BasementFinished
DrivewayDriveway
Garage Spaces
HeatForced Air, Gas
A/CNone
Heating Fuel

Extras

Similar Listings

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment

Get notified of price or status changes by saving this listing