ttention savvy investors and portfolio builders! This vacant 3-unit multi-family property is the perfect "buy-and-hold" addition to your Cleveland portfolio. Located in an area with steady rental demand, this tri-plex offers a blank canvas to renovate and achieve top-of-market rents.With Cleveland’s average 2-bedroom rents currently climbing toward $1,750+, the income potential here is substantial. The property is being sold AS-IS, allowing you to choose your finishes and build equity from day one.Configuration: 3 Units (Ready for a full refresh)Status: 100% Vacant – No tenant headaches, start work tomorrow!Potential: Pro-forma Cap Rate of 10%+ once stabilized.Location: Minutes from Detroit Shoreway and Clark-Fulton Areas, and easy highway access.Bring your flashlight and your contractor.
Property Information
Address3289 61st Street
CityCleveland
StateOH
Zip Code44102
Price$85,000
Property TypeResidential Income
Listing TypeTriplex
Bedrooms5
Bathrooms3
Location
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