3107 Archwood AVE Active

Cleveland,OH 44109

$ 240000

6 Beds

3 Baths

3248 SqFt


Key Details

Property Type Single Family Home, Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,248 sqft

Price per Sqft $73

Subdivision Batts & Bibbins

MLS Listing ID 5074542

Bedrooms 6

Full Baths 3

Year Built 1905

Annual Tax Amount $3,076

Tax Year 2023

Lot Size 6,599 Sqft

Property Description

Fantastic Tri-Plex Investment Opportunity at 3107 Archwood Ave, Cleveland, OH 44109

Don?t miss this incredible opportunity to own a tri-plex in the heart of Cleveland?s historic Archwood-Denison neighborhood! This spacious, well-maintained property at 3107 Archwood Ave offers three separate units, each with its own charm, making it an ideal investment for savvy buyers looking for rental income or multi-generational living.

The property consists of two large 2-bedroom, 1-bathroom units and a cozy 1-bedroom, 1-bathroom unit, providing flexibility for various living arrangements. Each unit features well-lit living spaces, separate utilities, and updated kitchens and bathrooms. With ample storage space and a shared basement, tenants will appreciate the practicality and convenience of this home.

The tri-plex is situated on a lovely tree-lined street, offering a serene and peaceful setting, while still being close to all the amenities Cleveland has to offer. Just minutes from shopping, restaurants, and major highways, the location provides easy access to downtown Cleveland and the surrounding suburbs.

Whether you?re looking to live in one unit and rent the others or rent out all three, this property offers significant income potential. With its strong rental history and location in a thriving neighborhood, 3107 Archwood Ave is an outstanding investment!

Property Highlights:

3-unit tri-plex: two 2-bedroom units and one 1-bedroom unit
Updated kitchens and bathrooms
Shared basement with ample storage
Tree-lined street with excellent curb appeal
Garage potential as additional source of rental income
Prime location with easy access to downtown Cleveland, highways, and local amenities
Investment Potential: This unique property is perfect for investors seeking steady rental income or owner-occupants looking to offset costs with rental income. Schedule your tour today to explore its potential!

Location

State OH

County Cuyahoga

Interior

Heating Forced Air,Gas

Cooling None

Exterior

Garage Detached,Garage,Paved

Garage Spaces 2.0

Garage Description 2.0

Waterfront No

Roof Type Asphalt,Fiberglass

Building

Sewer Public Sewer

Water Public

Schools

School District Cleveland Municipal - 1809

Others

Special Listing Condition Standard

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