10117 Somerset AVE, Cleveland, OH 44108
10117 Somerset AVE, Cleveland, OH 44108
10117 Somerset AVE, Cleveland, OH 44108
10117 Somerset AVE, Cleveland, OH 44108
10117 Somerset AVE, Cleveland, OH 44108
10117 Somerset AVE, Cleveland, OH 44108
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$ 150,000
Est. payment | /mo

4 Beds

3 Baths

4,399 Sqft Lot


Save
$ 150,000
Est. payment | /mo
Save

4 Beds

3 Baths

4,399 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Subdivision Superior Park

MLS Listing ID 5255965

Bedrooms 4

Full Baths 3

HOA Y/N No

Year Built 1911

Annual Tax Amount $1,616

Tax Year 2025

Lot Size 4,399 Sqft

Acres 0.101

Property Sub-Type Triplex

Property Description

NEW REDUCED PRICE! ATTENTION INVESTORS! FULLY VACANT TRIPLEX WITH EXCELLENT INCOME POTENTIAL NEAR UNIVERSITY CIRCLE & WADE PARK! Fantastic opportunity to expand your investment portfolio with this spacious, nicely updated three-family property offering immediate occupancy and tremendous income potential! ALL THREE UNITS ARE NOW VACANT, giving investors the flexibility to select their own tenants, establish new rental rates, and maximize cash flow from day one! Situated in a high-demand rental corridor just minutes from University Circle's educational and medical campuses, this property offers convenient access to major employment centers, shopping, dining, and neighborhood amenities. Each of the three units features 2 bedrooms and 1 full bathroom, providing comfortable, functional layouts with strong rental appeal. With all three units vacant, this property also presents an excellent opportunity for buyers looking to owner-occupy one unit while generating rental income from the others! Numerous valuable improvements have already been completed, including updated furnaces, hot water tanks, electrical systems, and a flat roof installed in 2018. Separate metering provides added convenience for utility management and operating efficiency. Located on a quiet street near University Circle and Wade Park, this property offers an attractive combination of affordability, location, improvements, and long-term investment potential. Whether you're a seasoned investor looking to expand your portfolio or a first-time investor seeking a multifamily opportunity, this property deserves your attention! IMMEDIATE OCCUPANCY AVAILABLE! Don't miss your chance to acquire a fully vacant triplex with the flexibility to implement your own rental strategy! No wholesalers, contract assignments, or owner financing. Property is part of a larger investment portfolio and may be purchased individually or as part of a bulk portfolio purchase.

Location

State OH

County Cuyahoga

Rooms

Basement Unfinished

Interior

Heating Forced Air

Cooling None

Fireplace No

Exterior

Parking Features Detached, Garage

Garage Spaces 1.0

Garage Description 1.0

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Private Pool No

Building

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 109-09-192

IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW
Listed by Adrian Frederick • Coldwell Banker Schmidt Realty • afredericksold@gmail.com, 216-469-4854
Caitlin Tasker

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(330) 257-3804

caitlin@thetaskerhometeam.com

8316 Cleveland Ave NW , North Canton, Ohio 44720, USA

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10117 Somerset AVE