Amazing Cleveland Cashflow Triplex opportunity!

Cuyahoga County, Cleveland, OH, 44112
Sold
Listed at: November 21st, 2023
Price
$69,900
ARV
$150,000
Gross Margin
$80,100
Sq. Footage
3780
Type
Multifamily
Parking
Detached Garage
Year build
1920
Lot size
0.15 acres
Bedrooms
5
Bathrooms
3
Half Bathrooms
0
Summary

3-family units located on Wickford Rd, Cleveland, OH 44112

Asking: $69,900

ARV $ 150,000


First floor – 2-bedroom unit

Second floor – 2-bedroom unit

3rd floor – 1-bedroom unit

Layout: DR, LR, Kitchen, bedrooms, full bath.


1st and 2nd unit are rented for $750 a month each ($1500 total).

Both Month to Month. Market rent is around $2300

($850 for 2 bedroom units and $600 for 1 bedroom unit).

House to be purchased with tenants.


Condition:

The property is in average condition.

Rood is in good condition.

The exterior needs some work.

The first and second units are in good condition

The top unit needs full rehab

The furnaces are 3 years old

Hot water tanks are 2 years old.

 

Tax and Occupancy Status:

 House will be purchased with tenants 

Market rent is around $2300 

Property Tax: $673,00


*********************************************************************************************************** All contracts are off market bringing you discounted deals. No contingencies, all due diligence to be done before making an offer. No offers will be accepted if they are conditional to any form of diligence still to be done. CASH OR HARD MONEY OFFERS ACCEPTED!!! Title Company already appointed and in possession of file to expedite transactions quickly.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Gary Hawthorn

★★★★★
★★★★★
No reviews

Disposition manager