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9904 Parkgate AVE Cleveland, OH 44108
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Key Details
Sold Price $144,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,707 sqft
Price per Sqft $53
Subdivision Superior Park Sub #1
MLS Listing ID 5007719
Sold Date 01/11/24
Bedrooms 5
Full Baths 3
HOA Y/N No
Abv Grd Liv Area 2,707
Year Built 1911
Annual Tax Amount $1,376
Tax Year 2022
Lot Size 4,399 Sqft
Acres 0.101
Property Description
Attention investors! Newly renovated income-generating triplex in the Glenville neighborhood. Unit one is 2 bedrooms/1 bath occupied with a section 8 tenant at $885 monthly. Unit two is 2 bedroom/1 bathroom occupied with a market rate at $975 monthly.
Unit 3 is a 1 bedroom/ 1 bath is occupied by a market rate tenant at $600 monthly. Updates include new hot water tank, furnace, electrical, and plumbing. Amazing opportunity to just collect rents! 19% ROI. $29,500 annual income. Perfect addition to your portfolio! Available as a package with two other properties bringing in a total of $78,000 annually!
Location
State OH
County Cuyahoga
Rooms
Basement Full, Unfinished
Interior
Heating Forced Air, Gas
Cooling None
Fireplace No
Laundry Common Area
Exterior
Parking Features Detached, Garage, Paved
Garage Spaces 1.0
Garage Description 1.0
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Entry Level Two,Three Or More
Sewer Public Sewer
Water Public
Level or Stories Two, Three Or More
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 109-08-002
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Laurisa Rosado • HomeSmart Real Estate Momentum LLC