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3419 E 117 Street, Cleveland, OH 44120

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For Sale

$179,900

6 beds3 baths1 half baths3,870 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

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

  • Newly Listed
    Time on Century 21

  • $46.49
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# 5144775

Courtesy Of Vincent Patrick Realty

(330) 577-3546

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Range, Refrigerator
  • Heating System
    Forced Air
  • Lot Size
    0.12 Acres
  • Roof Type
    Asphalt
  • Rooms
    Basement

Map and Directions

Directions to 3419 E 117 Street, Cleveland, OH 44120
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