15521 Kipling Avenue, Cleveland, OH 44110
- $157,000
- 7
- BD
- 3
- BA
- 2,340
- SqFt
- Sold Price
- $157,000
- List Price
- $149,900
- Status
- CLOSED
- Days on Market
- 81
- Closing Date
- Feb 16, 2024
- MLS#
- 4506447
- Subtype
- Residential Income
- Year Built
- 1918
- Bedrooms
- 7
- Bathrooms
- 3
- Full Baths
- 3
- Living Area
- 2,340
- Acres
- 0.13
- Subdivision
- Walworth
- Neighborhood
- Walworth
- MLS Area Major
- Cleveland
Property Description
Fantastic Investment Opportunity! This triplex boasts an ideal unit mix, featuring a 3-bed, 1-bath configuration on the first and second floors, and a 1-bed, 1-bath unit on the third floor. Recently updated with a plethora of improvements, including new vinyl flooring, contemporary paint, stylish tile bathrooms, and upgraded hot water tanks, this property is a turnkey investment. The electrical system has been modernized, and each unit has separate electric and gas meters for convenience. Currently, the first floor is leased at $1000/month on a month-to-month basis, offering immediate returns. The second floor is vacant, providing an excellent opportunity for a new tenant at a potential $1000/month rental income. The third floor is already rented for $700/month on a month-to-month lease, adding to the steady cash flow. Don't miss out on this chance to enhance your investment portfolio with a well-maintained and income-generating triplex!
Additional Information
- Taxes
- $1,908
- Heating
- Forced Air, Gas
- Air Conditioning
- None
- Stories
- 3
- Levels
- Three Or More
- Roof
- Slate
- Parking Features
- No Garage, Paved
- School District
- East Cleveland CSD - 1812
Listing Courtesy of: Tal Tamir, tal@premierclevelandinvesting.com With Russell Real Estate Services
Selling Office: Keller Williams Living.Mortgage Calculator
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