3107 Archwood AVE Cleveland, OH 44109
UPDATED:
11/23/2024 04:00 PM
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,248 sqft
Price per Sqft $73
Subdivision Batts & Bibbins
MLS Listing ID 5074542
Bedrooms 6
Full Baths 3
HOA Y/N No
Abv Grd Liv Area 2,088
Year Built 1905
Annual Tax Amount $3,076
Tax Year 2023
Lot Size 6,599 Sqft
Acres 0.1515
Property Description
Don’t miss this incredible opportunity to own a tri-plex in the heart of Cleveland’s historic Archwood-Denison neighborhood! This spacious, well-maintained property at 3107 Archwood Ave offers three separate units, each with its own charm, making it an ideal investment for savvy buyers looking for rental income or multi-generational living.
The property consists of two large 2-bedroom, 1-bathroom units and a cozy 1-bedroom, 1-bathroom unit, providing flexibility for various living arrangements. Each unit features well-lit living spaces, separate utilities, and updated kitchens and bathrooms. With ample storage space and a shared basement, tenants will appreciate the practicality and convenience of this home.
The tri-plex is situated on a lovely tree-lined street, offering a serene and peaceful setting, while still being close to all the amenities Cleveland has to offer. Just minutes from shopping, restaurants, and major highways, the location provides easy access to downtown Cleveland and the surrounding suburbs.
Whether you’re looking to live in one unit and rent the others or rent out all three, this property offers significant income potential. With its strong rental history and location in a thriving neighborhood, 3107 Archwood Ave is an outstanding investment!
Property Highlights:
3-unit tri-plex: two 2-bedroom units and one 1-bedroom unit
Updated kitchens and bathrooms
Shared basement with ample storage
Tree-lined street with excellent curb appeal
Garage potential as additional source of rental income
Prime location with easy access to downtown Cleveland, highways, and local amenities
Investment Potential: This unique property is perfect for investors seeking steady rental income or owner-occupants looking to offset costs with rental income. Schedule your tour today to explore its potential!
Location
State OH
County Cuyahoga
Rooms
Basement Common Basement
Interior
Heating Forced Air, Gas
Cooling None
Fireplace No
Exterior
Parking Features Detached, Garage, Paved
Garage Spaces 2.0
Garage Description 2.0
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Accessibility None
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 015-25-073
Special Listing Condition Standard
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