6701 Gertrude AVE new Save Request In-Person Tour Request Virtual Tour
Cleveland,OH 44105
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Subdivision Stone Hickox Hosmer Bates & Sm
MLS Listing ID 5126301
Bedrooms 4
Full Baths 3
Construction Status Fixer
HOA Y/N No
Year Built 1920
Annual Tax Amount $2,172
Tax Year 2024
Lot Size 5,201 Sqft
Acres 0.1194
Property Sub-Type Triplex
Property Description
Excellent TRIPLEX (3-Unit) Investment Opportunity! Priced to move quickly. Excellent value add and cash flow opportunity! ADDRESS: 6701 Gertrude Ave Cleveland, OH 44105 3 Unit triplex, separately metered 2500+ mo rent potential. (Comps: 3568 E 114th St, Cleveland, OH 44105, 3545 E 153rd St, Cleveland, OH 44120) Needs: water heaters and furnace (10k), General maintenance (windows, doors, paint, etc and upkeep- 30k Note - photos were taken 6 months ago before the property was rented. it's not in as good condition as in the photos due to tenant wear and tear. Last rents (raise rents after updating property): 2x 2BR (750) 1x 1BR (750 and 650)
Location
State OH
County Cuyahoga
Rooms
Basement Full
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Parking Features Paved
Garage Spaces 2.0
Garage Description 2.0
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Construction Status Fixer
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 132-14-064
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard