Listed By
Agency Name: REAFCO
Agency Contact: patrick@reafco.com, 614-412-4565
Shown By
Agent Name: Leah Ackerman
Agent Phone: (614) 306-5050
Agency Title: Cutler Real Estate
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Property Description
Incredible investment opportunity on Cleveland's west side?perfect for both new and seasoned investors! This well-located duplex in the West Boulevard area generates $2,125 per month in gross rental income. The first-floor unit features two bedrooms and one bathroom and is leased for $1,075 per month, month-to-month. The second-floor unit also includes two bedrooms and one bathroom, leased for $1,050 per month through September 30, 2026. Additionally, the property has a third-floor efficiency with a bedroom, full bathroom, and kitchenette, currently vacant. The seller does not warrant that this unit can be legally rented, but there may be potential to rezone the property as a triplex or reconfigure the upper unit into a three-bedroom, two-bath layout to increase cash flow. Tenants are responsible for their own gas and electricity, while the owner pays for water and sewer. This is an excellent opportunity to acquire a strong income-producing property with upside potential in one of Cleveland's fastest-growing west-side neighborhoods.
Property Features
Property Type: Multi Unit - Multiple
Basement: Unfinished
Basement: Yes
Cooling: None
Days on Market: 1
Garage: 2
Heating: Forced Air
Lot Size: 0.11 Acres
Roof Type: Asphalt, Fiberglass
Stories: 3.0
Taxes: $5,291 / year
Year Built: 1927
Feature Descriptions
Exterior: Wood Siding
Parcel#: 018-07-022
Parking: Garage
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
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Estimated Payment
$ 1,510.45 per month $1,011.49 Principal & Interest $440.92 Property Tax $58.04 Homeowner's InsuranceChange Payment Information
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3319 W 111th Street | MLS# 5201722
This multi-family property located at 3319 W 111th Street, Cleveland, OH 44111 is currently listed for sale with an asking price of $199,000. W 111th Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.leahackerman.com today.