
Seller's Agent in 2023
Tal Tamir
Russell Real Estate Services
(440) 336-5220
9 in this area
260 Total Sales
Introducing a great investment opportunity in the thriving westside of Cleveland: a well -maintained 3-unit property consisting of (2) two-bedroom/1-bathroom units and a 1-bedroom/1-bathroom unit. This property has a stable and secure income stream, with all units currently rented to subsidized (EDEN) tenants. The first two units, both 2/1, fetch $1,290 in monthly rent, and their leases extend until July 30th, 2024 and April 30th, 2024, respectively. The third unit, a 1/1 layout, brings in a solid $1,000 in rent with a lease agreement in place until March 2024. This property has undergone a series of cosmetic updates, ensuring its appeal and value remain high. Recent updates include the installation of vinyl plank flooring, modernized bathrooms and kitchens, upgraded electrical systems, and the addition of newer hot water tanks. The owner pays for all utilities, which typically amount to a reasonable $550-600 per month. Don't miss the chance to add this turnkey investment to your portfolio and enjoy a steady stream of income with minimal hassle.
Last Agent to Sell the Property
Russell Real Estate Services Brokerage Email: tal@premierclevelandinvesting.com (216) 870-8687 License #2018001908 Listed on: 11/01/2023
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
12/04/2023 12/04/23 | Sold | $195,000 | +2.7% | $87 / Sq Ft |
11/07/2023 11/07/23 | Pending | -- | -- | -- |
10/31/2023 10/31/23 | For Sale | $189,900 | -- | $85 / Sq Ft |
Seller's Agent in 2023
Tal Tamir
Russell Real Estate Services
(440) 336-5220
9 in this area
260 Total Sales
Buyer's Agent in 2023
Ryan McCullough
RE/MAX
(440) 773-3552
1 in this area
95 Total Sales
Source: MLS Now
MLS Number: 4501240
APN: 014-05-002