$149,900
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851 Paxton Road Cleveland, OH 44108
Triplex
Residence
5
Beds
3
Baths
Sq. Ft.
0.1
Acre
Lot
Property Activity
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Incredible investment opportunity on Cleveland’s east side! This vacant three-unit property has recently been updated, including all new mechanicals and some cosmetic updates throughout making it rent-ready for a new owner to capitalize on. The property features two 2-bed, 1-bath units and a spaciou...s 1-bed, 1-bath unit on the third floor. With market-rate tenants, this property can generate over $30,000 per year in gross rental income, and by utilizing the Section 8 program, income could exceed $35,000 annually. Don’t miss out on this chance to grow your rental portfolio with a property poised for solid returns! *Auditor's website states that the property is a duplex with 4 bedrooms and 2 baths / owner states that the property is a triplex with 5 bedrooms and 3 baths.
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MLS#
5076175
Property Type
Triplex
Bedrooms
5
Bathrooms
3 Full
Year Built
1917
Lot Size
0.1
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