822 Marion Avenue SW
Property Description
Excellent opportunity to acquire a 3-unit colonial in Canton with tremendous upside for the savvy investor. Each unit features 2 bedrooms and 1 full bathroom, making this an attractive rental property with strong long-term income potential. One unit is currently occupied and leased at $1,050 per month to a tenant who would like to remain. The other unit is rented for $485 (inherited tenants and have not changed their rents) the third upstairs unit is vacant. Both sets of tenants would like to stay. While they require some TLC and cosmetic improvements, they present the chance to significantly increase rental income and maximize the property's earning potential. The property is professionally managed, making the transition seamless for the next owner. Whether you're looking to expand your portfolio or complete your next value-add project, this triplex offers the opportunity to build equity while creating a strong performing asset. NO WHOLESALERS.** Wholesale offers will not be considered. NO ASSIGNMENT CONTRACTS PROOF OF FUNDS IS REQUIRED Offers submitted without verifiable proof of funds will not be reviewed or considered. Earnest money will NOT be delayed pending inspections, due diligence, or contingency periods. Failure to timely deposit earnest money may result in the seller declaring the buyer in default. Seller reserves the right to reject any offer that does not comply with these terms. Seller is interested in selling 16902 Endora Road, Cleveland & 115121 Temblett (To be listed) along with 822 Marion, please reach out to the listing agents for details. Traditional sale only. No wholesalers, assignments, vested contracts, creative financing, contract transfers, or substitutions permitted.
Broker Details
Greater Cleveland (216) 839-5500
MLS ID: 2017000582 State License Number: 2017000582
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $137,000 |
| Year Built: | 1870 |
| Lot Size: | 2,288.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 3 |
| Number of Bathrooms: | 3 |
ID: 3yd-NEOHREXOH-5229296
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