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6701 Gertrude AVE Cleveland, OH 44105
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Key Details
Sold Price $64,000
Property Type Single Family Home, Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Subdivision Stone Hickox Hosmer Bates & Sm
MLS Listing ID 5126301
Bedrooms 4
Full Baths 3
Year Built 1920
Annual Tax Amount $2,172
Tax Year 2024
Lot Size 5,201 Sqft
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
Interior
Heating Forced Air
Cooling None
Exterior
Parking Features Paved
Garage Spaces 2.0
Garage Description 2.0
Roof Type Asphalt,Fiberglass
Building
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Bought with Non-Member Non-Member • Non-Member