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Key Details
Sold Price $480,000
Property Type Single Family Home
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,498 sqft
Price per Sqft $192
Subdivision Knight
MLS Listing ID 5029536
Sold Date 08/16/24
Bedrooms 6
Full Baths 3
HOA Y/N No
Abv Grd Liv Area 2,498
Total Fin. Sqft 2498
Year Built 1900
Annual Tax Amount $4,330
Tax Year 2023
Lot Size 3,998 Sqft
Acres 0.0918
Property Description
Welcome to this rare opportunity in the heart of Cleveland's Historic Little Italy Neighborhood. This income generating Multi-Family home features Three 2 Bedroom 1 Bath units, all with spacious kitchens, bedrooms, on-site laundry in the basement and a recently added separate laundry area for the top unit. This highly desirable location is in close proximity to University Circle, Case Western Reserve University, University Hospitals, Cleveland Clinic, museums, wonderful restaurants, shopping, and so much more. RECENT UPDATES include: front roof replaced (2015), back roof replaced (2022), new water tanks in all units (2023), new water line and electric added for third unit to have own laundry room (2024), updated flooring throughout (2023), and kitchen cabinets and appliances replaced in unit 1 and 3 (2023), and much more! This 10% CAP Rate triplex is an ideal addition to any investors portfolio. Call today with any questions, or to schedule a private tour!
Location
State OH
County Cuyahoga
Rooms
Basement Full, Unfinished
Interior
Heating Forced Air, Gas
Cooling None
Fireplace No
Appliance Dryer, Microwave, Range, Refrigerator, Washer
Laundry Lower Level, Upper Level
Exterior
Parking Features Driveway
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Garage false
Private Pool No
Building
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District East Cleveland Csd - 1812
Others
Tax ID 120-30-086
Security Features Smoke Detector(s)
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Standard
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Bought with Mandria Aceto • Realuxe Ohio