Cleveland, OH 44108,11805 Chesterfield AVE
Cleveland, OH 44108,11805 Chesterfield AVE
Cleveland, OH 44108,11805 Chesterfield AVE
Cleveland, OH 44108,11805 Chesterfield AVE
Cleveland, OH 44108,11805 Chesterfield AVE
Cleveland, OH 44108,11805 Chesterfield AVE
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$ 110,000
Est. payment | /mo

5 Beds

3 Baths

2,146 SqFt


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$ 110,000
Est. payment | /mo
Save

5 Beds

3 Baths

2,146 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,146 sqft

Price per Sqft $51

MLS Listing ID 5118362

Bedrooms 5

Full Baths 3

HOA Y/N No

Abv Grd Liv Area 2,146

Year Built 1914

Annual Tax Amount $1,275

Tax Year 2023

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type Triplex

Property Description

Investors, don't miss this value-add triplex opportunity with immediate rental income! This property features two spacious 2-bedroom, 1-bath units and one cozy 1-bedroom, 1-bath unit, generating a combined monthly gross rent of $1,785. Unit 1 is occupied by a long-term CMHA tenant paying $800 monthly, ensuring stable income. The property offers significant upside through cosmetic upgrades and minor improvements, but major cap-ex items are already addressed, including newer vinyl windows, a recently updated roof, and well-maintained electrical systems. Each unit has a practical layout with room for increased rents after minor updates. Situated in a rental-friendly area with convenient access to public transportation, shopping, and local amenities, this triplex is primed for strong tenant demand. With minimal initial investment needed on structural components, your capital can be focused on enhancing value and increasing rental returns. Act quickly—this multifamily won't last long!

Location

State OH

County Cuyahoga

Rooms

Basement Full

Interior

Heating Forced Air, Gas

Cooling None

Fireplace No

Exterior

Parking Features Paved

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Private Pool No

Building

Sewer Public Sewer

Water Public

Level or Stories Two, Three Or More

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 110-26-084

Special Listing Condition Standard

Listed by Jack Krusinski • RE/MAX Above & Beyond • jack@21hillrealestate.com 216-789-6736
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+1(330) 323-8552

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PO Box 36521, Canton, Ohio, 44735, USA

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11805 Chesterfield AVE