10113 Parkgate Avenue, Cleveland, OH 44108

$80,000
5
BD
3
BA
2,738
SqFt

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Sold Price
$80,000
List Price
$110,000
Status
CLOSED
Days on Market
26
Closing Date
Dec 13, 2024
MLS#
5085425
Subtype
Residential Income
Year Built
1911
Bedrooms
5
Bathrooms
3
Full Baths
3
Living Area
2,738
Acres
0.10
MLS Area Major
Cleveland

Property Description

Don't miss out on this well-maintained, updated triplex located just minutes from Cleveland Clinic Main Campus and Case Western University. The triplex features two spacious 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, offering versatile rental options totaling 2,738 sq ft. The middle unit is currently occupied by a long-term tenant paying $700/month, providing immediate rental income. The other two units are vacant and ready for new tenants, giving you the flexibility to set market rents. Given the prime location, this property is ideal for medical professionals, students, families or faculty looking for convenient living spaces close to Cleveland?s top institutions. Recently updated throughout, this property is move-in ready with modern finishes and excellent potential for further value appreciation. Whether you're an experienced investor or a first-time buyer looking to start your portfolio, this triplex offers strong cash flow potential with room for growth. Don't miss out on this steal of an opportunity!

Additional Information

Taxes
$797
Heating
Forced Air
Air Conditioning
Ceiling Fan(s), None, Window Unit(s)
Levels
Three Or More
Roof
Slate
Parking Features
Driveway
School District
Cleveland Municipal - 1809

Listing Courtesy of: Stacey Jewell, staceyjewell@mcdhomes.com With McDowell Homes Real Estate Services

Selling Office: Berkshire Hathaway HomeServices Stouffer Realty.

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