3141 Kensington Road, Cleveland Heights, OH 44118

$249,900
2
BD
1
BA
2,855
SqFt

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List Price
$249,900
Status
ACTIVE
MLS#
5256722
Year Built
1922
Bedrooms
2
Bathrooms
1
Living Area
2,855
Region
Cleveland Heights
Township
Cleveland Heights
Subdivision / Building
Meadowbrook

Property Description

Fully leased triplex just steps from the Cedar-Lee district in one of Cleveland Heights' most walkable neighborhoods! All three units are occupied and bringing in $3,075/mo ($36,900/yr) in gross rent: $1,250 each on the 1st and 2nd floors and $575 on the 3rd floor. The 1st and 2nd floor units are spacious 2-bedroom flats with refinished hardwood floors, decorative fireplaces, formal living and dining rooms, tons of natural light, and plenty of kitchen cabinet space. The 3rd-floor 1-bedroom unit is home to a long-term tenant. Each unit has its own full bath. Big-ticket items have been addressed: both water heaters approx. 4-5 years old, an updated furnace, and a newer detached 2-car garage. Full basement with laundry, a large covered front porch, and a covered upper-level porch. Shops, restaurants, coffee houses, Heights High, and the Lee Road library are all a short walk away. Turn-key income from day one, with the option to house-hack a unit as leases turn over. A great fit for investors building a portfolio or buyers who want rent helping cover the mortgage. 3D tour available!

Additional Information

Taxes
$7,597
Acres
0.10
Sewer
Public Sewer
Roof
Asphalt
Water
Public
Garage Spaces
2
Heating
Forced Air
Cooling
Window Unit(s)
School District
Cleveland Hts-Univer - 1810

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Listing Courtesy of: Thomas Garuccio, Tom@GaruccioGroup.com With Real of Ohio

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