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18715 Mohawk Avenue, Cleveland, OH 44119

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For Sale

$169,900

5 beds • 3 baths • 4,135 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Multi-Family (2-4 Units)
    Property type

  • $41.09
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Attention Investors! Income-producing 3-family brick triplex with a 2-car garage and numerous mechanical updates. Featuring 5 bedrooms and 3 full baths on 3 floors, this property offers great cash flow potential in a desirable, investment-friendly area. The 1st and 2nd floor units are tenant-occupied and include cosmetic updates, each offering 2 bedrooms and 1 bath. The 3rd floor unit is vacant, move-in ready, and features 1 bedroom-perfect for owner occupancy or immediate rental income. Recent updates include a newer roof, vinyl windows, steel exterior doors, 2024 hot water tanks, updated electrical boxes, and efficient furnaces. Unlike many on the market, this isn't your typical money pit-it's a well-maintained property with a strong foundation for long-term investment. The solid full basement includes 2 washer/dryer hookups, 3 secure storage lockers, and glass block windows. Utilities are separately metered for gas and electric, with the owner responsible for water/sewer. Professional management is already in place, making this a turnkey investment opportunity. With its strong rental history, condition, and location, this property stands out among available multifamily options. Limited showing times-serious, qualified inquiries only. No wholesalers. No owner financing. The second and third floor can be viewed easily along with basement and mechanicals. First floor occupied unit viewed after acceptable offer.
MLS# 5148185

Courtesy Of Coldwell Banker Schmidt Realty

(440) 327-2123

Property Features

  • Age
    Over 50 Years Old
  • Exterior Type
    Brick
  • Heating System
    Forced Air
  • Lot Size
    0.12 Acres
  • Roof Type
    Asphalt
  • Rooms
    Laundry Room

Map and Directions

Directions to 18715 Mohawk Avenue, Cleveland, OH 44119

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.