Property Description
Welcome to this large, fully occupied triplex located in Cleveland's West Boulevard community, just south of Lakewood and north of Brooklyn. This income-producing property offers an excellent opportunity for investors seeking immediate cash flow with additional rental upside. The property currently generates $2,144.75 in monthly rental income with two long-term tenants, providing a solid history of consistent occupancy.All three units offer spacious layouts, with Unit 1 featuring 3 bedrooms and 1 bathroom and currently renting for $1,100 per month. Unit 2 is also a spacious 3-bedroom, 1-bathroom unit currently renting for $1,044.75 per month, while Unit 3 offers 2 bedrooms and 1 bathroom and is currently Vacant with rent potential of $1,000 +. Current rents leave room for future growth as they are below potential market rents, giving the next owner an opportunity to increase income over time.The property also features a 4-car garage and a brand-new roof, adding significant value and appeal for both investors and tenants. Conveniently located near restaurants, retail, hospitals, and other everyday amenities, the property is just a short drive from Lake Erie and Downtown Cleveland. With large units, full occupancy, established rental income, long-term tenants, a new garage roof, and rental upside, this property is a strong addition to any investment portfolio and offers the potential for both immediate income and long-term appreciation.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Unfinished
Cooling: Other
Days on Market: 7
Garage: 4
Heating: Hot Water, Steam
Lot Size: 0.14 Acres
Roof Type: Asphalt, Fiberglass
Stories: 3.0
Taxes: $4,215 / year
Year Built: 1926
Feature Descriptions
Exterior: Brick, Block
Laundry: Other
Parcel#: 018-13-116
Parking: Driveway, Garage, Paved
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
3452 Bosworth Road | MLS# 5241381
This multi-family property located at 3452 Bosworth Road, Cleveland, OH 44111 is currently listed for sale with an asking price of $255,000. Bosworth Road is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.kaszycarealestate.com today.