Brooke Albright
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3281 E 118th Street, Cleveland, OH 44120

$170,000
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New to the Market Status - Active
8BEDS 3 fullBATHS 2,481SQUARE FEET 5208605MLS# Crawford Woodhill SubSUBDIVISION Cleveland Municipal - 1809SCHOOL

Home Value Estimate


Description

INVESTOR ALERT: Potential Cash-flow powerhouse-Rarely does an asset this stabilized hit the market with these numbers. This renovated 8-Bedroom Triplex in the Buckeye/Shaker neighborhood is a Cash-flow Powerhouse, delivering an incredible 2.99% Monthly Return Potential?Nearly Triple the Traditional 1% rule. Based on 2026 CMHA standards ($1,762.00 for 3-BRs, $1,367.00 for 2-BRs), plus $200.00 for the 2-car garage, this property has a potential projected monthly income of $5,091.00. Every unit has been thoughtfully updated from top to bottom over the last 2 years with fresh paint, flooring, and updated kitchens/baths. Major capital improvements...read more

Features

  • Range
  • Refrigerator
  • None
  • Forced Air, Gas
  • 3.0 Stories
  • $1,394 / year Taxes
  • Public
  • Built in 1918

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