Property Description

Fully occupied with gross rent at $4,645 completely renovated triplex on the west side of Cleveland AND the seller is willing to pay the buyer's closing costs and/or buy down the buyer's rate, and will manage the property for free for 1 year with the right offer! This property was taken down to the studs 1.5 years ago: new roof, all vinyl windows, three new furnaces, three new hot water tanks, three new electrical panels, all new Romex wiring throughout, all new PEX plumbing throughout, all new drywall, and new vinyl siding. Interiors feature new LVP flooring throughout, can lighting throughout, granite countertops and white soft-close cabinets in every unit, stainless steel appliances, and fully tiled bathrooms with tile flooring and new vanities.Unit 1 is a 4 bed / 1.5 bath rented at $1,745/mo to a Section 8 tenant, Unit 2 is a 5 bed / 2 full bath with a tenant signed and moving in at $1,750/mo, and Unit 3 is a 2 bed / 1 bath rented at $1,150/mo to a market tenant. Six off-street parking spots. The seller will also address all reasonable inspection items. With every major system replaced, a full rent roll in place and a seller who will hand off a running operation, this is as hands-off as a West side Cleveland triplex gets.

Property Features

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