Lake Home Sale Pending near Lake Erie - Cuyahoga County
Calling all investors and future owner-occupants looking to build long-term wealth! With a projected cap rate of 11-15%, this fully occupied triplex offers strong returns and exceptional potential in one of Cleveland's most connected urban neighborhoods. One unit has been thoughtfully renovated with modern finishes, updated cabinetry, quartz countertops, custom tilework, and new flooring-ideal for an owner-occupant or top-dollar rental. The remaining two units are tenant-occupied, offering immediate cash flow with room to add value through future updates. Nestled in the heart of Asia Town and Goodrich-Kirtland Park, just minutes from Downtown, this property benefits from high walkability, public transit access, and proximity to cultural and dining destinations. As redevelopment momentum grows citywide-fueled by initiatives like HB96-this area is experiencing increased residential investment and demand for multi-unit housing. Don't miss this rare opportunity to secure a high-yield property in a neighborhood on the rise.Property Details
- Beds: 6
- Baths: 3.0
- Sq Feet: 3453
- Year Built: 1900
- Location: Lake Erie - Cuyahoga County
- Acres: 0.124
- County: Cuyahoga County
- Community: J M Hoyts Allotment
- Heat/AC: Forced Air
- Garage: On Street
- Siding: AluminumSiding, VinylSiding
- Roof: Asphalt, Shingle
- Stories: 3
- Property Taxes: $656
- MLS #: 5144246
Location
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Contact Information:
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Listing Agent: Jamie Proctor, Keller Williams Citywide, 440-382-2301, 440-892-2211 Listing Site, Listing Status: Pending
Copyright © 2025 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Ad Statistics:
| Ad Number : | 6943338 |
| Viewed: | 2 times |
| Added: | Nov 18, 2025 |
| Updated on: | Nov 18, 2025 |
| All information provided is deemed reliable but is not guaranteed and should be independently verified. | |
