3319 W 111th Street, Cleveland, OH 44111
- $195,000
- 5
- BD
- 4
- BA
- List Price
- $195,000
- Status
- ACTIVE
- MLS#
- 5233294
- Year Built
- 1927
- Bedrooms
- 5
- Bathrooms
- 4
- Half-baths
- 1
- Region
- Cleveland
- Township
- Cleveland
- Subdivision / Building
- Bosworth Heights
Property Description
Incredible investment opportunity on Cleveland’s west side—perfect for both new and seasoned investors! This well-located duplex in the West Boulevard area generates $2,125 per month in gross rental income. The first-floor unit features two bedrooms and one bathroom and is leased for $1,075 per month, month-to-month. The second-floor unit also includes two bedrooms and one bathroom, leased for $1,050 per month through September 30, 2026. Additionally, the property has a third-floor efficiency with a bedroom, full bathroom, and kitchenette, currently vacant. The seller does not warrant that this unit can be legally rented, but there may be potential to rezone the property as a triplex or reconfigure the upper unit into a three-bedroom, two-bath layout to increase cash flow. Tenants are responsible for their own gas and electricity, while the owner pays for water and sewer. This is an excellent opportunity to acquire a strong income-producing property with upside potential in one of Cleveland’s fastest-growing west-side neighborhoods.
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Additional Information
- Taxes
- $5,291
- Acres
- 0.11
- Sewer
- Public Sewer
- Roof
- Asphalt, Fiberglass
- Water
- Public
- Garage Spaces
- 2
- Heating
- Forced Air
- Cooling
- None
- School District
- Cleveland Hts-Univer - 1810
Mortgage Calculator
Listing Courtesy of: Patrick Drury, patrick@reafco.com With REAFCO
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