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$289,900
6 Beds
- 3 Baths
3 full baths
4,200sqft
2827 Avondale Ave, Cleveland Heights, OH 44118
$289,900
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Triplex
Built in 1920
$-- HOA
0.14 acre lot
$69/sq.ft
Description
Turnkey Legal Triplex in Cleveland Heights
Excellent investment opportunity with immediate cash flow and cap rate. This well-maintained legal triplex features 3 units each with 2 bedrooms, 1 bath. 2 rooms are occupied and 1 is move-in-ready available for tenant or owner occupancy.
Current rents:
Unit 1: $1,300/month (occupied) 1680 sq ft, 2 bedroom, +bonus room, 1 bath, lease until 6/30/27
Unit 2: $1,275/month (occupied) 1680sq ft, 2 bedroom +bonus room, 1 bath, lease until 3/31/27
Unit 3: $975/month (listed) 840 sq ft, 2 bedrooms, 1 bath
Total full rent: $3,550
Recent Updates: new flooring on 2nd unit, new hallway stairs, a full electrical rewire comp...
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1920
HOA Fees
-
Finished Area
4,200 sqft
Lot Size
0.14 acre lot
Basement Area
- sqft
MLS Name
MLS Now
MLS Number
5213141
MLS Status
Active
Days on Market
22
Cumulative Days on Market
14
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