10117 Somerset Avenue, Cleveland, OH 44108

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.