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Updated almost 6 years ago,

User Stats

150
Posts
62
Votes
Jorge Garcia
  • Cleveland, OH
62
Votes |
150
Posts

Cleveland luxury triplex - Beautiful turn key property!

Jorge Garcia
  • Cleveland, OH
Posted

Beautiful turn key triplex / Solid investment property for sale! This property has 3 units that consist of a large 1 bedroom luxury loft, a 2 bedroom apartment and a 1 bedroom apartment. This property has a luxury loft on second floor that was built with nothing but the best. 

The plumbing, electrical and HVAC was all new 3 years ago with all American made valves, fixtures, etc... Nothing Chinese that will wear out in a few years. 

The wood work is all custom oak flooring and cabinets, the windows are custom made by pella with built in blinds. 

All counter tops are black granite and entire loft has vaulted ceilings. Front door is custom made.

The other apartments downstairs are rented and tenants have been there over 18 months.        

The property has a huge 2 car garage with heat.

The property has a custom made 8 ft wrought iron fence around it that cost me 50K.

The property has an excellent rental history with tenants staying longer than 2 years at a time. 

Price - 150K FIRM.

Financials :

Loft rent - 800.00

1 bedroom - 575.00

2 bedroom - 625.00

Total rental income  $2,000 Monthly

Expenses: Gas - 75.00 Month

Water & sewer - 150.00 Month

Taxes - 68.00 - Month

Loft living area

Loft kitchen

Loft bathroom

Down unit 1 bedroom apartment

Loft kitchen

Down unit kitchen

loft bathroom

1 bedroom down unit 

1 bedroom down unit

loft shower & bath

Loft

1 bedroom bath 

Loft bedroom

Loft bedroom

1 bedroom kitchen

Loft custom entry door

2 bedroom apartment

2 bedroom apartment  bath

2 bedroom apartment kitchen

Offering