Description
***TURNKEY TRIPLEX THAT EXCEEDS THE 1% RULE! *** *** Don't miss this fantastic opportunity to own a LEAD-SAFE CERTIFIED, income-producing 3-unit multi-family home in Cleveland's desirable Clark-Fulton area! Currently grossing nearly $2,600 per month, this property can cover your mortgage, utilities, and upgrades. It's truly a hassle-free way to start out as a new investor or add a great house to your portfolio. *** Three spacious units renting for $875, $900, and $800 per month. Reliable tenants. Fenced backyard, and the upstairs unit has been redone with new carpet, fresh paint, and more. New hot water heater for the lower unit. Each unit has its own furnace and hot water tank. Separate utilities. Tenants pay gas and electricity, while the owner pays water and sewer. *** Lead-safe certification is a big plus - it's compliant with Cleveland's rules for landlords, so you can buy with confidence and avoid red tape. *** The roof and mechanicals are estimated to be at mid-life, per the seller's knowledge. Photos were taken before tenant occupancy, and buyers are encouraged to conduct due diligence. Showings require 2448 hours' notice, as tenant availability will determine access, and the property has no lockbox. Upon placing showing request please provide Proof of Funds or Preapproval.
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7BEDS
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0.1ACRES
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3BATHS
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01/2 BATHS
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2,654SQFT
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$0$/SQFT
Description
***TURNKEY TRIPLEX THAT EXCEEDS THE 1% RULE! *** *** Don't miss this fantastic opportunity to own a LEAD-SAFE CERTIFIED, income-producing 3-unit multi-family home in Cleveland's desirable Clark-Fulton area! Currently grossing nearly $2,600 per month, this property can cover your mortgage, utilities, and upgrades. It's truly a hassle-free way to start out as a new investor or add a great house to your portfolio. *** Three spacious units renting for $875, $900, and $800 per month. Reliable tenants. Fenced backyard, and the upstairs unit has been redone with new carpet, fresh paint, and more. New hot water heater for the lower unit. Each unit has its own furnace and hot water tank. Separate utilities. Tenants pay gas and electricity, while the owner pays water and sewer. *** Lead-safe certification is a big plus - it's compliant with Cleveland's rules for landlords, so you can buy with confidence and avoid red tape. *** The roof and mechanicals are estimated to be at mid-life, per the seller's knowledge. Photos were taken before tenant occupancy, and buyers are encouraged to conduct due diligence. Showings require 2448 hours' notice, as tenant availability will determine access, and the property has no lockbox. Upon placing showing request please provide Proof of Funds or Preapproval.