ttention savvy investors and portfolio builders! This vacant 3-unit multi-family property is the perfect buy-and-hold addition to your Cleveland portfolio. Located in an area with steady rental demand, this tri-plex offers a blank canvas to renovate and achieve top-of-market rents. With Cleveland's average 2-bedroom rents currently climbing toward $1,750+, the income potential here is substantial. The property is being sold AS-IS, allowing you to choose your finishes and build equity from day one. Configuration: 3 Units (Ready for a full refresh) Status: 100% Vacant No tenant headaches, start work tomorrow! Potential: Pro-forma Cap Rate of 10%+ once stabilized. Location: Minutes from Detroit Shoreway and Clark-Fulton Areas, and easy highway access. Bring your flashlight and your contractor.
Listed By
Agency Name: I Heart Real Estate, LLC.
Agency Contact: 800-259-7670, cstevens@iheartreal.estate
Shown By
Agency Title: Great Move Realty
Agency Phone: (330) 624-9605
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3289 W 61st Street, Cleveland, OH 44102.
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3289 W 61st Street, Cleveland, OH 44102.
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3289 W 61st Street | MLS# 5198660
This multi-family property located at 3289 W 61st Street, Cleveland, OH 44102 is currently listed for sale with an asking price of $85,000. W 61st Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.greatmoverealty.net today.