$56,000
$64,900
13.7%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
3 Baths
3,752 SqFt
SOLD DATE : 01/31/2025
Key Details
Sold Price $56,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,752 sqft
Price per Sqft $14
Subdivision Walworth
MLS Listing ID 5087014
Sold Date 01/31/25
Bedrooms 6
Full Baths 3
HOA Y/N No
Abv Grd Liv Area 2,520
Year Built 1918
Annual Tax Amount $1,596
Tax Year 2023
Lot Size 5,802 Sqft
Acres 0.1332
Property Sub-Type Triplex
Property Description
This spacious duplex in the highly sought-after Collingwood neighborhood of Cleveland offers incredible potential for the right investor! The property is currently priced well below market value and presents an excellent opportunity for both rehab and rental income. The home features two units, each with 2 bedrooms and a full bathroom, and a finished third floor with 2 additional bedrooms and a full bathroom, offering ample space for tenants or future buyers. Brand new windows, newer roof, new plumbing, Property has been demo'd awaiting the right investor.
Located just a short distance from downtown Cleveland, with easy access to public transportation (bus line) and nearby freeways, this property is well-positioned for rental demand. The Collingwood neighborhood is a prime spot for investors seeking a solid return on investment. The area's comps are averaging between $150,000 and $160,000, offering a promising potential after renovation.
Location
State OH
County Cuyahoga
Rooms
Basement Full
Interior
Heating Forced Air
Cooling Ceiling Fan(s)
Fireplace No
Window Features Insulated Windows
Exterior
Exterior Feature Barbecue
Parking Features Detached, Garage
Garage Spaces 2.0
Garage Description 2.0
Fence Back Yard, Chain Link
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Lot Description Back Yard
Story 3
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 115-30-030
Financing Cash
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Bought with Mashume Akpo-Esambe • Russell Real Estate Services
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