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$185,000
Est. payment /mo
5 Beds
3 Baths
4,135 SqFt
UPDATED:
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,135 sqft
Price per Sqft $44
Subdivision Berwicks Ext Sub
MLS Listing ID 5148185
Bedrooms 5
Full Baths 3
HOA Y/N No
Abv Grd Liv Area 3,022
Year Built 1923
Annual Tax Amount $3,682
Tax Year 2024
Lot Size 5,000 Sqft
Acres 0.1148
Property Sub-Type Triplex
Property Description
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.
Location
State OH
County Cuyahoga
Rooms
Basement Full
Interior
Heating Forced Air
Cooling None
Fireplace No
Laundry In Basement
Exterior
Parking Features Detached, Garage
Garage Spaces 1.0
Garage Description 1.0
Water Access Desc Public
Roof Type Asphalt
Private Pool No
Building
Story 3
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 114-15-133
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Listed by Christopher A Frederick • Coldwell Banker Schmidt Realty • thefrederickteam@gmail.com, 216-210-7653
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