$149,900

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851 Paxton Road Cleveland, OH, United States 44108

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 spacious 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.

Amenities

  • Bedrooms: 5
  • Full Bathrooms: 3
  • Partial Bathrooms: 0
  • Property Type: Residential
  • Architectural Style: Other
  • Year Built: 1917
  • Built in 1917
  • Home size: 2,720 ft2 / 252.69 m2
  • MLS: 5076175
  • Status: Active
Copyright © 2024 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Property brokered by

Russell Real Estate Services

(800) 556-6530

Get more listing details on brokerage site

Presented by Tal Tamir

  • (440) 526-9400
  • (440) 526-9400 (Office Phone)

Contact Tal Tamir

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