15521 Kipling AVE

Cleveland,OH 44110

$ 159900

7 Beds

3 Baths

2340 SqFt


Key Details

Property Type Single Family Home

Sub Type Triplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,340 sqft

Price per Sqft $68

Subdivision Walworth

MLS Listing ID 5089353

Bedrooms 7

Full Baths 3

HOA Y/N No

Abv Grd Liv Area 2,340

Total Fin. Sqft 2340

Year Built 1918

Annual Tax Amount $1,363

Tax Year 2023

Contingent House Sale

Lot Size 5,802 Sqft

Acres 0.1332

Property Description

Discover a fantastic investment opportunity with this legal and zoned triplex, perfectly positioned to provide immediate cash flow and long-term stability. With 2 out of the 3 units currently occupied, this property offers steady income from day one. Its prime location near major hospitals, highways, and shopping centers ensures desirability for tenants and future appreciation for owners.

This triplex has undergone significant updates, including new flooring, drywall, lighting, electrical work, and hot water tanks, providing peace of mind for any investor. The vinyl windows and separate furnaces for each unit, along with individual electrical panels and meters, make this property both efficient and tenant-friendly by shifting utility costs directly to the residents. Each unit is thoughtfully designed to maximize comfort and livability, making it an attractive option for renters.

Whether you're expanding your portfolio or seeking a property with low maintenance and high returns, this triplex is a must-see. Take advantage of the renovations and zoning already in place, and benefit from its fantastic location with easy access to everything tenants desire. Secure this cash-flowing gem before it's gone!

Location

State OH

County Cuyahoga

Rooms

Basement Unfinished

Interior

Heating Forced Air

Cooling None

Fireplace No

Appliance Range,Refrigerator

Exterior

Parking Features Driveway

Water Access Desc Public

Roof Type Other

Garage false

Private Pool No

Building

Story 3

Entry Level Three Or More

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 115-30-031

Acceptable Financing Cash,Conventional,FHA

Listing Terms Cash,Conventional,FHA

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