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3283 W 48th Street , Cleveland, OH 44102

$144,900
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New to the Market Status - Active
6BEDS 3 fullBATHS 1,852SQUARE FEET 5230008MLS# Diodate ClarkSUBDIVISION Cleveland Municipal - 1809SCHOOL

Home Value Estimate


Description

Investment opportunity with immediate cash flow! This fully occupied income-producing property is currently configured as a triplex (zoned as a duplex) with all three units occupied and generating consistent rental income. Unit 1 rents for $525/month on a month-to-month lease. Unit 2 rents for $810/month on a lease ending July 31, 2026, and will transition to month-to-month thereafter. Unit 3 rents for $800/month on a lease ending August 31, 2026, with the tenant planning to vacate at lease expiration, offering an opportunity to increase rents or occupy the unit. Owner pays water and sewer, tenants pay all other utilities. Conveniently located...read more

Features

  • None
  • Forced Air, Gas
  • 2.0 Stories
  • $2,703 / year Taxes
  • Public
  • Built in 1910