Discover a versatile investment opportunity in the heart of Cleveland’s Little Italy! This updated triplex features three units, each with two bedrooms and one full bath, offering the flexibility to rent all three or live in one while renting the other two. Each unit has its own private porch or balcony, providing an inviting spot for morning coffee or relaxing evenings. Wood floors grace many of the living spaces and bedrooms, while classic architectural details add character and charm throughout. Updated kitchens and bathrooms—including heated bathroom floors in units #2 and #3—offer everyday comfort.Extensive electrical updates completed in 2020 include new wiring throughout the entire home, all new outlets and fixtures, a new service entry, and four new electrical panels with 200-amp service. Additional improvements in 2023 include high-efficiency furnaces, central air in every unit, and electric water heaters.The upper unit features private laundry, while the shared basement provides additional laundry facilities and storage. A private backyard, off-street parking, and a two-car garage round out the property’s amenities. Conveniently located near Case Western Reserve University, University Hospitals, Cleveland Clinic, University Circle, and Cleveland’s renowned museums, this property places restaurants, entertainment, parks, and cultural attractions close at hand. A great opportunity to enjoy this historic neighborhood while building rental income!
Property Information
Address1939 Coltman Road
CityCleveland
StateOH
Zip Code44106
Price$524,900
Property TypeResidential Income
Listing TypeTriplex
Bedrooms7
Bathrooms3
Area2,302 Sq Ft
Location
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