9904 Parkgate Avenue, Cleveland, OH 44108

$144,000
5
BD
3
BA
2,707
SqFt

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Sold Price
$144,000
List Price
$153,500
Status
CLOSED
Days on Market
23
Closing Date
Jan 11, 2024
MLS#
5007719
Subtype
Residential Income
Year Built
1911
Bedrooms
5
Bathrooms
3
Full Baths
3
Living Area
2,707
Acres
0.10
Subdivision
Superior Park Sub #1
Neighborhood
Superior Park Sub #1
MLS Area Major
Cleveland

Property Description

Attention investors! Newly renovated income-generating triplex in the Glenville neighborhood. Unit one is 2 bedrooms/1 bath occupied with a section 8 tenant at $885 monthly. Unit two is 2 bedroom/1 bathroom occupied with a market rate at $975 monthly. Unit 3 is a 1 bedroom/ 1 bath is occupied by a market rate tenant at $600 monthly. Updates include new hot water tank, furnace, electrical, and plumbing. Amazing opportunity to just collect rents! 19% ROI. $29,500 annual income. Perfect addition to your portfolio! Available as a package with two other properties bringing in a total of $78,000 annually!

Additional Information

Taxes
$1,376
Heating
Forced Air, Gas
Air Conditioning
None
Stories
3
Levels
Two, Three Or More
Roof
Asphalt, Fiberglass
Parking Features
Detached, Garage, Paved
Garage Spaces
1
School District
Cleveland Municipal - 1809

Listing Courtesy of: Armani Adames, adamesarmani.aa@gmail.com With Russell Real Estate Services

Selling Office: HomeSmart Real Estate Momentum LLC.

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