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$199,999
4109 E 127th Street, Cleveland, OH 44105
5
Bedrooms
3
Bathrooms
2,075 sqft
Living area
0.1102 acres
Lot size
0
Garage
2
Stories
Fantastic turnkey investment opportunity in Cleveland’s East Side! This well-maintained, fully occupied triplex is an excellent addition to any investor’s portfolio, offering immediate cash flow, stable rental income, and numerous recent improvements. Featuring 3 units, Units 1 & 2 has 2 beds and 1 bath, meanwhile Unit 3 has 1 bed and 1 bath, each with their spacious living room, functional kitchen with adjoining dining room. The basement offers additional storage or future value add potencial. Plus a detached 2 -car garage. The current monthly rents are $1,000, $1,100, and $850, a total of $2,950 per month, all on a 12-months-lease. Each unit is separately metered, providing added convenience and efficiency for property management, while the basement features designated laundry areas for each unit, offering additional functionality and convenience for tenants. The property has undergone extensive interior and exterior renovations, including newer windows, updated electrical systems, newer hot water tanks, fresh paint, and newer mechanicals, helping reduce immediate maintenance concerns. Additionally, a completed 10-year lead abatement adds another valuable improvement to this investment. Conveniently located on Cleveland’s East Side, the property offers easy access to major highways, public transportation, employment centers, shopping, restaurants, schools, parks, and surrounding neighborhoods. Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors! Whether you’re expanding an existing rental portfolio or looking for a multifamily investment with immediate income, this fully occupied triplex offers an appealing combination of cash flow, convenience, and long-term investment potential. Don’t miss this opportunity! No wholesalers. No Seller financing. No low ball offers.
Heating
Cooling
Parking
Appliances
Basement
Construction
4109 E 127th Street, Cleveland, OH 44105
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Estimated monthly payment
$1,253
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.