1738 Coit Avenue, East Cleveland, OH 44112

Property Description

Spacious and versatile triplex offering excellent income potential on Cleveland’s east side! This partially occupied multifamily property presents a great opportunity for investors seeking consistent cash flow or owner-occupants looking to offset their mortgage with rental income. The first-floor unit features 2 bedrooms and 1 bathroom and is currently rented for $690/month, with potential rental income estimated at approximately $900/month. The second-floor unit also offers 2 bedrooms and 1 bathroom and is currently leased at $700/month, providing an additional source of immediate income. The third-floor unit features 1 bedroom and 1 bathroom and is currently unoccupied, offering an opportunity for the new owner to complete any desired updates and prepare it for rental income. With limited triplex inventory available, especially properties offering both investment potential and owner-occupancy flexibility, this is an opportunity worth exploring. Seller will not entertain subject-to or seller-financing offers. Please refer to the supplements or contact the listing agents directly for additional dwelling valuation information and rental income estimates.