2235 E 101st Street, Cleveland, OH 44106

Property Description

INVESTORS & HOUSE HACKERS! This well-maintained and updated triplex offers a strong opportunity for an investor seeking an income-producing multifamily property or a homebuyer looking to live in one unit while generating rental income from the others. The property features three units, including two 2-bedroom/1-bath units and one 3-bedroom/1-bath unit. Two units are currently occupied and bringing in a total of $2,749, while the 3-bedroom unit is currently vacant, creating an opportunity for an owner-occupant or a new tenant. Significant improvements include a new roof (2024), updated plumbing and electrical (2024), two newer furnaces (2025), and two newer hot water tanks (2024). The property is also lead-based paint certified. The first unit has access to a dedicated basement laundry area with washer and dryer, while the other two units offer in-unit laundry. Each unit includes a stove, refrigerator and microwave. The vacant second-floor unit is fully furnished and ready for immediate use, offering flexibility for an owner-occupant, traditional rental, or potentially furnished/short-term rental use subject to applicable requirements. Conveniently located near University Circle, hospitals, shopping, public transportation and other Cleveland amenities. Whether you're looking to expand your investment portfolio or offset your housing expenses with rental income, this triplex offers multiple possibilities. Current leases available upon request.