1522 E 47th Street, Cleveland, OH 44103
- $134,900
- 5
- BD
- 3
- BA
- List Price
- $134,900
- Status
- ACTIVE
- Stories
- 2
- MLS#
- 5232672
- Year Built
- 1900
- Bedrooms
- 5
- Bathrooms
- 3
- Region
- Cleveland
- Township
- Cleveland
- Subdivision / Building
- Alexander Mcintoshs
Property Description
Turnkey investment opportunity in one of Cleveland's strongest rental markets! This fully rent-ready triplex offers immediate income with significant upside. The first-floor unit is currently leased at $1,000 per month on a month-to-month basis, providing instant cash flow while allowing the next owner flexibility to adjust rents or occupancy as desired. The two additional one-bedroom, one-bathroom units are vacant, move-in ready, and primed for immediate leasing, giving investors the opportunity to quickly increase monthly income. Whether you're looking to expand your rental portfolio or purchase your first multifamily investment, this is a true plug-and-play opportunity with minimal upfront work required. All three units are in rent-ready condition, allowing you to focus on maximizing returns instead of renovations. Conveniently located near Downtown Cleveland, University Circle, the Cleveland Clinic, and major highways, this property benefits from strong rental demand and excellent long-term investment potential. Don't miss your chance to own a cash-flowing asset with immediate value-add through leasing the vacant units.
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Additional Information
- Taxes
- $712
- Acres
- 0.13
- Sewer
- Public Sewer
- Roof
- Asbestos Shingle
- Water
- Public
- Garage Spaces
- 3
- Heating
- Forced Air
- Cooling
- None
- School District
- Cleveland Municipal - 1809
Mortgage Calculator
Listing Courtesy of: Michael T Arko, mikearko@kw.com With Keller Williams Greater Metropolitan
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