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2827 Avondale Avenue, Cleveland Heights, OH 44118

$299,900
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New to the Market Status - Active
6BEDS 3 fullBATHS 4,200SQUARE FEET 5213141MLS# Fowler Critchley & Corlett AllSUBDIVISION Cleveland Hts-Univer - 1810SCHOOL

Home Value Estimate


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...read more

Features

  • None
  • Forced Air, Gas
  • 3.0 Stories
  • $9,996 / year Taxes
  • Public
  • Built in 1920