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Key Details
Sold Price $140,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,523 sqft
Price per Sqft $39
Subdivision Pearse
MLS Listing ID 4304680
Sold Date 11/22/21
Bedrooms 5
Full Baths 3
HOA Y/N No
Abv Grd Liv Area 2,533
Year Built 1913
Annual Tax Amount $2,719
Lot Size 4,081 Sqft
Acres 0.0937
Property Description
Welcome to this TRIPLEX investment property located on Pearse Avenue. Each unit comes with 2 bedrooms and 1 full bathroom with access to back porches. Newer hot water tanks in Units 1 and 2 and newer windows throughout. Third unit has washer and dryer in unit, and central air. Access to a 2 car detached garage. Owner pays water and sewer, all other utilities are paid by tenants. $1,875 gross monthly rent / $22,500 gross annual rent, Cap rate 11.9%, Yearly taxes $2,719.
Location
State OH
County Cuyahoga
Rooms
Basement Unfinished
Interior
Heating Forced Air, Gas
Cooling Central Air, Window Unit(s)
Fireplace No
Laundry Common Area, In Unit
Exterior
Parking Features Detached, Garage, Paved
Garage Spaces 2.0
Garage Description 2.0
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Building
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 511-13-039
Financing Conventional
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Bought with Michael L Magno • Keller Williams Elevate