West Cleveland luxury Triplex! $1,415 PROFIT MONTHLY!

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West Cleveland luxury Triplex! $1,415 PROFIT MONTHLY!

Cleveland, OH · Member since 2013 · 150 posts · 62 votes

PRICE DROP!

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.

INTERESTED PARTIES MUST PROVIDE POF BEFORE VIEWING OF PROPERTY -

Price - 115K FIRM. BUYER PAYS ALL CLOSING COSTS!

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

Management - 200.00 monthly

MONTHLY PROFITS AFTER ALL EXPENSES - $1,415

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  • Rental Property Investor · Tacoma, WA · Member since 2018 · 244 posts · 140 votes
    7y

    Hi Jorge, are taxes accurate at $68/mo for this property? I would be interested in more info on this property. 

  • Cleveland, OH · Member since 2013 · 150 posts · 62 votes
    7y

    Hi Frank, Yes accurate mo taxes. PM me your email for further info.

  • Specialist · Miami, FL · Member since 2019 · 63 posts · 10 votes
    7y

    Hi Jorge is this still available?

  • Seattle, WA · Member since 2016 · 111 posts · 17 votes
    7y

    @Jorge Garcia

    If still available please send address to [email protected]

  • Cleveland, OH · Member since 2013 · 150 posts · 62 votes
    7y

    Hey Guys, property is still available, if I don't sell it here for at least 110K on here in next few days I'm going to list it it with MLS and probably get more, I have a bank appraisal at 123K 4 months ago.

    Address is: 

    3141 Fulton Rd

    Cleveland, Ohio 44109

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