15521 Kipling Avenue, Cleveland, OH 44110

$157,000
7
BD
3
BA
2,340
SqFt

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Sold Price
$157,000
List Price
$149,900
Status
CLOSED
Stories
3
MLS#
4506447
Year Built
1918
Closing Date
Feb 16, 2024
Bedrooms
7
Bathrooms
3
Living Area
2,340
Region
Cleveland
Township
Cleveland
Subdivision / Building
Walworth

Property Description

Fantastic Investment Opportunity! This triplex boasts an ideal unit mix, featuring a 3-bed, 1-bath configuration on the first and second floors, and a 1-bed, 1-bath unit on the third floor. Recently updated with a plethora of improvements, including new vinyl flooring, contemporary paint, stylish tile bathrooms, and upgraded hot water tanks, this property is a turnkey investment. The electrical system has been modernized, and each unit has separate electric and gas meters for convenience. Currently, the first floor is leased at $1000/month on a month-to-month basis, offering immediate returns. The second floor is vacant, providing an excellent opportunity for a new tenant at a potential $1000/month rental income. The third floor is already rented for $700/month on a month-to-month lease, adding to the steady cash flow. Don't miss out on this chance to enhance your investment portfolio with a well-maintained and income-generating triplex!

Additional Information

Taxes
$1,908
Acres
0.13
Sewer
Public Sewer
Roof
Slate
Water
Public
Heating
Forced Air, Gas
Cooling
None
School District
East Cleveland CSD - 1812

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Listing Courtesy of: Tal Tamir, tal@premierclevelandinvesting.com With Russell Real Estate Services

Selling Office: Keller Williams Living.

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