Property Description

Steps from the Cedar Lee corridor ? one of Cleveland Heights' most walkable and sought-after neighborhoods, with restaurants, boutiques, and transit all within easy reach. This 3-unit property has immediate income in place with room to grow. Unit 1 (occupied | $1,250 + $25 pet fee): Recently renovated, oversized private patio. Comparable units in the area support $1,300/mo. Tenant on one year lease.Unit 2 (vacant ? move-in ready): Recently renovated, Identical layout and finishes to Unit 1, same oversized patio. An owner-occupant living here would have the other two units covering housing costs entirely. Can also be leased at $1,300/mo from day one.Unit 3 (occupied | $575): Studio unit, currently below area comps. Similar studios nearby support $750+/mo. Month to month tenant.At full occupancy with upside rents, gross monthly income exceeds $3,350. Roof recently updated. Brand new garage. Solid bones, strong location, and value-add upside already in place. A POS estimated around 3k will be passed on to the buyer. A compelling addition to any portfolio, or a nice way to reduce housing costs by living in one unit.

Property Features

Local Schools