4109 E 127th ST Cleveland, OH 44105
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,075 sqft
Price per Sqft $96
Subdivision Fowler Critchley & Corlett All
MLS Listing ID 5251314
Bedrooms 5
Full Baths 3
HOA Y/N No
Abv Grd Liv Area 2,075
Year Built 1919
Annual Tax Amount $1,363
Tax Year 2025
Lot Size 4,800 Sqft
Acres 0.1102
Property Sub-Type Triplex
Property Description
Featuring 3 units, Units 1 & 2 has 2 beds and 1 bath, meanwhile Unit 3 has 1 bed and 1 bath, each with their spacious living room, functional kitchen with adjoining dining room. The basement offers additional storage or future value add potencial. Plus a detached 2 -car garage. The current monthly rents are $1,000, $1,100, and $850, a total of $2,950 per month, all on a 12-months-lease. Each unit is separately metered, providing added convenience and efficiency for property management, while the basement features designated laundry areas for each unit, offering additional functionality and convenience for tenants.
The property has undergone extensive interior and exterior renovations, including newer windows, updated electrical systems, newer hot water tanks, fresh paint, and newer mechanicals, helping reduce immediate maintenance concerns.
Additionally, a completed 10-year lead abatement adds another valuable improvement to this investment. Conveniently located on Cleveland's East Side, the property offers easy access to major highways, public transportation, employment centers, shopping, restaurants, schools, parks, and surrounding neighborhoods.
Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors!
Whether you're expanding an existing rental portfolio or looking for a multifamily investment with immediate income, this fully occupied triplex offers an appealing combination of cash flow, convenience, and long-term investment potential. Don't miss this opportunity!
No wholesalers. No Seller financing. No low ball offers.
Location
State OH
County Cuyahoga
Rooms
Basement Full
Interior
Heating Forced Air
Cooling None
Fireplace No
Appliance Dryer
Laundry In Basement
Exterior
Parking Features Driveway, Detached, Garage
Water Access Desc Public
Roof Type Asphalt,Shingle
Private Pool No
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 138-10-060
Acceptable Financing Cash, Conventional, FHA, Other, VA Loan
Listing Terms Cash, Conventional, FHA, Other, VA Loan
NEARBY SCHOOL & BUSINESS
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