3371 Beechwood Ave, Cleveland Heights, OH 44118

Description

Triplex investment opportunity in the heart of Cleveland Heights! Located at 3371 Beechwood Avenue, this recently renovated multi-family property offers immediate income with additional upside for savvy investors.

Currently 2/3 occupied with long-term tenants, the property provides stable cash flow from day one, with the opportunity to increase returns. The fully renovated first-floor unit is vacant and actively marketed at $1,400/month, positioning the asset to generate over $3,000/month once fully leased.

This opportunity is projected at an attractive **~7.6% pro forma cap rate** at a $270K purchase price, offering a compelling blend of in-place income and lease-u...