3038 E 116th Street
Property Description
Turnkey triplex with excellent income potential! Features brand-new vinyl siding, newer roof, updated mechanicals, new vinyl plank flooring, fresh interior paint, and rent-ready units. The front down 2-bedroom unit is leased for $1,246/month with 100% CMHA. The vacant rear 1-bedroom unit has an RFTA submitted and is awaiting a rent offer, while the vacant front upper 2-bedroom unit is ready for immediate occupancy. A great opportunity to add a low-maintenance investment property to your portfolio.
Broker Details
Greater Cleveland (216) 839-5500
MLS ID: 2023004311 State License Number: 2023004311
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $190,000 |
| Year Built: | 1914 |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 2 |
ID: 3yd-NEOHREXOH-5221392
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
Brokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout