18024 Olympia RD new Save Request In-Person Tour Request Virtual Tour
Cleveland,OH 44112
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,960 sqft
Price per Sqft $61
Subdivision Euclid View Land Co
MLS Listing ID 5095194
Bedrooms 4
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 1,960
Year Built 1920
Annual Tax Amount $1,216
Tax Year 2023
Lot Size 3,920 Sqft
Acres 0.09
Property Description
Welcome to 18024 Olympia Road, Cleveland, OH 44112, a fantastic triplex that presents an incredible investment opportunity. This property features five bedrooms and three full bathrooms spread across three units, offering great rental income potential. The first-floor unit is currently rented for $1,000 per month, providing immediate cash flow. The second-floor unit, which is currently occupied will be vacant by the end of the month, has the potential to rent for $1,000 per month, while the third-floor unit (which will be vacant by the end of the month) could generate an additional $600 per month in rental income.
Though the triplex requires some maintenance to restore it to its full potential, it holds the promise of becoming a true cash cow. With all three units occupied, this property could yield a gross rental income of $2,600 per month. Whether you're a seasoned investor or just starting to build your portfolio, this triplex offers a unique opportunity to maximize your return.
Don't miss out on this chance to own a multi-unit property in a desirable location. Schedule your showing today and unlock the potential of 18024 Olympia Road!
Location
State OH
County Cuyahoga
Rooms
Basement Full,Concrete,Unfinished
Interior
Heating Forced Air,Gas
Cooling None
Fireplace No
Exterior
Parking Features Paved
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 117-08-056
Acceptable Financing Cash,Conventional,FHA 203(k)
Listing Terms Cash,Conventional,FHA 203(k)
Special Listing Condition Standard