3464 W 52nd Street, Cleveland, OH 44102

$190,000
6
BD
3
BA
2,476
SqFt

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Sold Price
$190,000
List Price
$195,000
Status
CLOSED
Days on Market
86
Closing Date
Jan 10, 2025
MLS#
5077964
Subtype
Residential Income
Year Built
1900
Bedrooms
6
Bathrooms
3
Full Baths
3
Living Area
2,476
Acres
0.12
Subdivision
Storer
Neighborhood
Storer
MLS Area Major
Cleveland

Property Description

This turnkey triplex, located in an up-and-coming area, is a fantastic investment opportunity ready to generate immediate cash flow. The spacious lower unit offers 3 bedrooms and 1 bath, while the upper levels feature a studio unit and a 2-bedroom unit. Ideal for investors who prefer to manage their own leases or for owner-occupants! Recent updates include fresh paint, modern flooring, and more throughout. Outside, you'll find a 2-car garage with newer siding and a recently installed fence. All major systems, including furnaces, hot water tanks, and electrical, have been updated. A unique benefit is the separate exterior access to the mechanical room, making maintenance a breeze. The occupied units are CMHA at below market rents. They are on yearly leases. A property manager is in place if new buyer wants to utilize. Also, there is a home warranty on property that expires July 2025 and is transferable to a new buyer.

Additional Information

Taxes
$519
Heating
Forced Air
Air Conditioning
None
Stories
2
Levels
Two
Roof
Shingle
Parking Features
Driveway, Detached, Garage
Garage Spaces
2
School District
Cleveland Municipal - 1809

Listing Courtesy of: Gerald Quade, jerry.quade@redfin.com With Redfin Real Estate Corporation

Selling Office: The Holden Agency.

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