Listed By
Agency Name: Russell Real Estate Services
Agency Contact: tal@premierclevelandinvesting.com, 216-870-8687
Shown By
Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575
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Property Description
Investment opportunity with immediate cash flow! This fully occupied income-producing property is currently configured as a triplex (zoned as a duplex) with all three units occupied and generating consistent rental income. Unit 1 rents for $525/month on a month-to-month lease. Unit 2 rents for $810/month on a lease ending July 31, 2026, and will transition to month-to-month thereafter. Unit 3 rents for $800/month on a lease ending August 31, 2026, with the tenant planning to vacate at lease expiration, offering an opportunity to increase rents or occupy the unit. Owner pays water and sewer, tenants pay all other utilities. Conveniently located near shopping, restaurants, parks, and major commuter routes, this property offers strong cash flow today with future upside through rental increases and lease turnover. Do not disturb tenants. No showings until accepted offer.
Property Features
Feature Descriptions
Local Schools
Demographics
Cuyahoga County Demographic Information for 3283 W 48th Street, Cleveland, OH 44102Source: US Census Bureau
Estimate Your Payment
Estimated Payment
$ 1,009.76 per month $742.25 Principal & Interest $225.25 Property Tax $42.26 Homeowner's Insurance
3283 W 48th Street | MLS# 5230008
This multi-family property located at 3283 W 48th Street, Cleveland, OH 44102 is currently listed for sale with an asking price of $144,900. W 48th Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on 536austindriveunitf.cutlerhomes.com today.