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$169,500
10117 Somerset Avenue, Cleveland, OH 44108
6
Bedrooms
3
Bathrooms
4,096 sqft
Living area
0.101 acres
Lot size
1
Garage
3
Stories
ATTENTION INVESTORS! Affordable, turnkey triplex opportunity in the rapidly developing University Circle/Wade Park area, known for strong rental demand & continued appreciation. Prime location just minutes from major college & medical campuses—approximately a 2-minute drive or 5-minute walk—making this an ideal rental property for consistent occupancy. Spacious three-family property features three units, each offering 2 bedrooms and 1 full bath with comfortable, functional layouts. One unit is currently occupied (third floor) by a tenant who would like to remain, while the other two units are vacant and rent-ready, providing immediate upside for owner-occupants or investors seeking to lease at current market rents. Property has seen recent renovations/offers solid mechanical updates, including updated furnaces and hot water tanks, all separately metered for efficiency and tenant responsibility. Additional improvements include updated electrical systems and a flat roof installed in 2018. Situated on a quiet street in a high-demand rental corridor, property offers flexibility, strong income potential, long-term growth in one of the area’s most active redevelopment zones. Do not disturb tenant on 3rd floor. No wholesalers/owner financing. ONLY 1st 2 units can be shown till accepted offer.
Heating
Cooling
Parking
Basement
Construction
10117 Somerset Avenue, Cleveland, OH 44108
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Estimated monthly payment
$1,062
Estimates only. Taxes and insurance are approximated from the list price and vary by county and carrier. Talk to a lender for a real quote.