3254 West Boulevard, Cleveland, OH 44111

Property Description

Welcome to 3254 West Boulevard, an impressive 4,771-square-foot brick triplex offering exceptional space, versatility, and income potential along one of Cleveland’s most recognizable West Side corridors. Thoughtfully updated while maintaining the character and substance of its solid brick construction, this property offers the opportunity to own a home that does double duty—an incredible place to live and an established income-producing asset. Unit 1 features 3 bedrooms, 1.5 baths, and a bonus room off the rear bedroom. Unit 2 offers 3 bedrooms and 1.5 baths. Both include central air, dishwashers, and over-the-range microwaves and have been operated as successful short-term rentals producing exceptional net cash flow of $40k annually. Transferable management is already in place, giving the next owner the opportunity to continue the established rental operation without building it from the ground up. Unit 3 features 1 bedroom, 2 full baths, a bonus room off the kitchen, and a long-term tenant currently paying $900/month. With one established tenant and two turnkey units with a proven short-term rental history, multiple income strategies are already at your fingertips. For an owner-occupant, the opportunity is especially compelling: live in one spacious unit while income from the other two helps offset your monthly housing expenses. Build equity while putting your property to work for you. Additional features include two divided basements offering substantial storage and repositioning potential, a detached 4-car garage, generous driveway parking, and street parking. The corner lot provides convenient side-street access, making entry and exit from West Boulevard easier while adding parking flexibility. Located on tree-lined West Boulevard near highways, public transportation, shopping, dining, and neighborhood amenities. FHA and VA financing are welcome, creating an exceptional opportunity to combine homeownership with income-producing real estate.