Vision Sales Team

3419 E 117 Street

Cleveland , OH 44120

MLS#: 5144775

$179,900

Status: Closed
Listing number: 5144775
Listing provided by: Vincent Patrick Realty
Listing agent phone: None
Last update: 3 months ago
On site: 4 months ago
Browse Properties
Knopf - Residential Income

Property

Beds

6

Full Baths

3

1/2 Baths

1

Year Built

1920

Sq.Footage

3,870

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.

Features & Amenities

Interior

  • Total Bedrooms

    6

  • Bathrooms

    3

  • 1/2 Bathrooms

    1

  • Above Grade Finished Area

    3000.0

  • Basement YN

    YES

  • Cooling YN

    NO

  • Cooling

    None

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Vinyl Siding

  • Parking

    Driveway

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.1175

  • Property Type

    Residential Income

  • Property Sub Type

    Triplex

Price

  • Sales Price

    $179,900

  • Tax Amount

    1209.96

  • Sq. Footage

    3, 870

  • Price/SqFt

    $46

HOA

  • Association

    No

School District

  • Elementary School

    Cleveland Municipal - 1809

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • 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 Lauren Patrick , Vincent Patrick Realty

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Agent Carla Bolf

AGENT

Carla Bolf

Call Carla today to schedule a private showing.

(330) 814-6422

Carla@VisionSalesTeam.com


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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.

3419 E 117 Street

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