1955 E 120th Street, Cleveland, OH 44106

$480,000
6
BD
3
BA
2,498
SqFt

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Sold Price
$480,000
List Price
$499,900
Status
CLOSED
Days on Market
122
Closing Date
Aug 16, 2024
MLS#
5029536
Subtype
Residential Income
Year Built
1900
Bedrooms
6
Bathrooms
3
Full Baths
3
Living Area
2,498
Acres
0.09
Subdivision
Knight
Neighborhood
Knight
MLS Area Major
Cleveland

Property Description

Welcome to this rare opportunity in the heart of Cleveland's Historic Little Italy Neighborhood. This income generating Multi-Family home features Three 2 Bedroom 1 Bath units, all with spacious kitchens, bedrooms, on-site laundry in the basement and a recently added separate laundry area for the top unit. This highly desirable location is in close proximity to University Circle, Case Western Reserve University, University Hospitals, Cleveland Clinic, museums, wonderful restaurants, shopping, and so much more. RECENT UPDATES include: front roof replaced (2015), back roof replaced (2022), new water tanks in all units (2023), new water line and electric added for third unit to have own laundry room (2024), updated flooring throughout (2023), and kitchen cabinets and appliances replaced in unit 1 and 3 (2023), and much more! This 10% CAP Rate triplex is an ideal addition to any investors portfolio. Call today with any questions, or to schedule a private tour!

Additional Information

Taxes
$4,330
Appliances
Dryer, Microwave, Range, Refrigerator, Washer
Heating
Forced Air, Gas
Air Conditioning
None
Stories
2
Levels
Two
Roof
Asphalt, Fiberglass
Parking Features
Driveway
School District
East Cleveland CSD - 1812

Listing Courtesy of: Adam T Zimmerman, adam.zimmerman@evrealestate.com With Engel & Völkers Distinct

Selling Office: Realuxe Ohio.

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