Great investment property in the Waterloo district close to downtown Cleveland which can collect $2350 per month or more. This Triplex was updated in 2024 including new floors, new paint, some new windows, new fridge and stove and a new furnace for the second-floor unit. This unit is vacant and can be rented out for $1000.
The updates on the third floor include newer floors, fresh paint, new kitchen cabinets and appliances, new windows, new water tank and baseboard heaters and is rented for $750 month-to-month.
The first-floor unit is occupied by a long-term tenant (who wants to stay) and may need some updates when he is moving out. Current rent $600 month-to-month.
The vacant unit on the second floor and the basement are easy to show and the occupied units can be shown after an accepted offer.