Turnkey Triplex in the Heart of Little Italy | Income-Generating Opportunity Located in one of Cleveland's most sought-after neighborhoods, this updated triplex offers a rare blend of stable income and flexible use. Two units are currently leased through 2027, providing reliable cash flow, while the third unit will be available in May, ideal for an owner-occupant or rental opportunity. Purchased as a duplex and converted to a triplex, including a brand new kitchenette. All units feature private entrances and their own appliances, including in-suite laundry. The first floor offers two 1-bedroom units, one of which is partially furnished. The second floor features a spacious 3-bedroom unit that is also partially furnished. The property has been updated with newer HVAC, electrical, plumbing, hot water tank, and modernized kitchens, bathrooms, and flooring, helping to keep maintenance costs low. Well maintained inside and out. Positioned just steps from the vibrant core of Little Italy, you are within walking distance to restaurants, shopping, and cultural attractions, with close proximity to Case Western Reserve University, University Hospitals, Cleveland Clinic, and University Circle. The available unit is a peaceful, centrally located 1-bedroom, 1-bath suite, well suited for medical students, traveling healthcare professionals, or visiting specialists. It features a kitchenette with refrigerator, microwave, and cooktop. Easy access to the RTA and HealthLine makes commuting simple without a vehicle, and street parking is available. Whether expanding your portfolio or seeking a live-and-earn opportunity, this Little Italy triplex offers location, stability, and versatility.
Listed By
Agency Name: McDowell Homes Real Estate Services
Agency Contact: jennifergalletti@mcdhomes.com, 216-808-0494
Shown By
Agent Name: Andrew Winkler
Agent Phone: Cell: (937) 416-9690
Agency Title: M.C. Real Estate
Estimated Payment
$ 1,318.79 per month $812.33 Principal & Interest $400.00 Property Tax $106.46 Homeowner's Insurance
1884 E 120th Street | MLS# 5194293
This multi-family property located at 1884 E 120th Street, Cleveland, OH 44106 is currently listed for sale with an asking price of $365,000. E 120th Street is located within the East Cleveland City school district. Search Cleveland real estate on awinkler.mcrealestateohio.com today.