Description
3770 Mayfield Road,
Cleveland Heights,
OH
44121
This fully rented triplex is currently operating as a 2-family duplex but can easily be converted back to a 3-unit property. It generates a total of $2,780 per month in rental income, with the upper unit bringing in $1,490 and the lower unit at $1,290. The property offers 7 bedrooms, 3 in the lower unit, 3 in the middle unit, and 1 in the top unit providing ample space for tenants. This is a turn-key investment opportunity! Recent improvements include a new garage door (2024), new hot water tank (2023), fresh paint in the second-floor unit (2024), side roof repair (2024), new plumbing in the basement (2023), and a new roof (2021). The property is equipped with two separate meters for gas and electric, and both units have recently passed CMHA inspections. This is a great opportunity for an investor to start earning immediately in a desirable neighborhood. Buyer to assume POS. Act fast this one won't last long!
This is an Active listing.
Broker Office Phone Number: 440-255-1111
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Amenities
- Refrigerator
- Asphalt Shingle Roof
- Asphalt / Fiberglass Roof
- Garage
Listing By: Berkshire Hathaway HomeServices Professional Realty via Data Source: MLS Now
Price History
date | price | variance | type |
---|
1/22/2025 | $225,000 | 5.86 % | decreased |
1/5/2025 | $239,000 | - | Listed |
listing agent: Tzipora Sonnenschein