3278 W 117th Street, Cleveland OH 44111 (Off Market)

For Sale, USD 289,000


3278 W 117th Street, Cleveland OH 44111,

Property Type : Multi-Family Home

Property Style : N/A

Build Size : N/A

Land Size : N/A

Bedroom : 6

Bathroom : 2

Half Bathroom : 0

MLS#: N/A


Property Description

**CASH COW** This three-unit property delivers exceptional income potential. The building features two fully renovated three-bedroom apartments, with a pristine basement that includes an efficiency area with laundry. There is also a commercial storefront currently leased at $1,000 per month (tenant has not yet taken occupancy). The property has been well maintained, including a brand-new roof installed just six months ago. Even the basement is in excellent condition, offering clean and usable space. Based on fair market rents exceeding $1,700 per unit for the apartments, the total monthly income potential approaches $4,400 - making this a compelling opportunity at a VERY FAIR price point. With strong cash flow potential and valuable tax advantages, this property is well-suited for investors seeking reliable passive income or a long-term addition to a retirement portfolio. Priced competitively to reflect minor exterior cosmetic updates needed, this is a high-upside investment with solid fundamentals already in place.
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3278 W 117th Street, Cleveland OH 44111, United States,Ohio,Cleveland is a Cleveland luxury Multi-Family Home listed for sale USD 289,000. This high end Cleveland Multi-Family Home is comprised of 6 bedrooms and 2 baths. Find more luxury properties in Cleveland or search for luxury properties for sale in Cleveland.