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3278 W 117th Street, Cleveland
$225,000
6 Beds ⋅ 2 Baths ⋅ 5205123 MLS
**CASH COW** This three-unit property delivers exceptional income potential. The building features two fully renovated three-bedroom apartments, with a pristine basement that includes an efficiency area with laundry. There is also a commercial storefront currently leased at $1,000 per month (tenant has not yet taken occupancy). The property has been well maintained, including a brand-new roof installed just six months ago. Even the basement is in excellent condition, offering clean and usable space. Based on fair market rents exceeding $1,700 per unit for the apartments, the total monthly income potential approaches $4,400—making this a compelling opportunity at a VERY FAIR price point. With strong cash flow potential and valuable tax advantages, this property is well-suited for investors seeking reliable passive income or a long-term addition to a retirement portfolio. Priced competitively to reflect minor exterior cosmetic updates needed, this is a high-upside investment with solid fundamentals already in place.

3278 W 117th Street, Cleveland

Listing Courtesy of: Tarina M Sidoti, tarina.sellshomes@yahoo.com With Berkshire Hathaway HomeServices Professional Realty

Selling Office: LPT Realty.

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