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5208 Fleet Avenue

Cleveland, OH 44105
  • $175,000
  • STATUS: Active
  • ON SITE: 82 Days
  • MLS #: 5221224
$175,000
  • 4
    BEDS
  • 0.1
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,969
    SQFT
  • $89
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:
Area:

School Ratings & Info

School District:

Description

Turnkey 3-unit investment opportunity in the heart of Slavic Village! Ideally located just minutes from Downtown Cleveland with quick access to I-77, this fully rehabbed triplex has benefited from extensive improvements over the past 4+ years and offers immediate income with two occupied units currently leased at $720 and $750 per month, plus a large second-floor unit newly leased for $950 per month. The property features a classic Cleveland multifamily design with attractive decorative trim, a covered front entry, off-street driveway parking, and a low-maintenance exterior. Investors will appreciate the strong rental demand, value-add potential through leasing the vacant unit, and convenient access to shopping, dining, employment centers, and major transportation routes. A rare opportunity to acquire a substantially updated, income-producing asset in one of Cleveland’s most accessible and revitalizing neighborhoods.

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www.clevelandhomefinder.com/homes/178023097
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5208 Fleet Avenue Cleveland, OH 44105

  • Price: $175,000
  • Status: Active
  • On Site: 82 Days
  • MLS #: 5221224
4
Beds
3
Baths
0
½ Baths
0.1
Acres
1,969
SQFT
$89
$/SQFT
1900
Built
Neighborhood:
Adolphus Kershaws
County:
Cuyahoga
Area:
Cleveland
School District:
Cleveland Municipal - 1809
Property Description
Turnkey 3-unit investment opportunity in the heart of Slavic Village! Ideally located just minutes from Downtown Cleveland with quick access to I-77, this fully rehabbed triplex has benefited from extensive improvements over the past 4+ years and offers immediate income with two occupied units currently leased at $720 and $750 per month, plus a large second-floor unit newly leased for $950 per month. The property features a classic Cleveland multifamily design with attractive decorative trim, a covered front entry, off-street driveway parking, and a low-maintenance exterior. Investors will appreciate the strong rental demand, value-add potential through leasing the vacant unit, and convenient access to shopping, dining, employment centers, and major transportation routes. A rare opportunity to acquire a substantially updated, income-producing asset in one of Cleveland’s most accessible and revitalizing neighborhoods.
Exterior Features

Attached Garage YN No Carport YN No Construction Materials Wood Siding Garage YN No Levels Two Lot Features City Lot Parking Features Driveway No Garage Paved Roof Asphalt Fiberglass Waterfront YN No

Interior Features

Basement Partial Unfinished Basement YN Yes Cooling None Cooling YN No Heating Forced Air Gas Heating YN Yes Laundry Features None Main Level Bathrooms 0

Property Features

Above Grade Finished Area 1969 Direction Faces North Home Warranty YN No Listing Terms Cash Conventional Owner Pays Sewer Trash Collection Water Property Sub Type Triplex Sewer Public Sewer Tax Annual Amount 1480.34 Tenant Pays Electricity Gas Township Cleveland View City Lights City View YN Yes Water Source Public

 
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Howard Hanna
8396 Mentor Ave.
Mentor OH, 44060