3326 E 134th Street, Cleveland, OH 44120

Property Description

This is a large triplex with great bones and income potential between 2400-2700 a month. The first floor (just approved a tenant ant $1200 a month and due to move in about the 14th) is a large 3 bedroom one bath that keeps its original charm; fresh with paint and new flooring with large living room dinning room and eat in kitchen. The second floor is a large two bedroom unit with newer flooring and freshly painted ready to be rented out or lived in by and owner who wants to offset their mortgage with rent (this unit should rent between 800-900). The third floor was completely remodeled with new flooring, paint and fixtures. A long term tenant resides there currently paying bellow market at $450 (and has about two years left on his lease) current market rate is about $650 to $700. Triplex is turn key with the acceptation of a few touch up paint spots on the outside that have to wait until the weather is constantly above 60 degrees. Building is priced accordingly. Fully rented with we are projecting $2500 a month with the currant third floor tenant. Features of Building: Solid foundation, updated electric and Mechanicals, roof approximately 15-20years old, updated units and newly remodeled large units.