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Turn-key legal 3-family property on one of Cleveland Heights' most desirable streets just minutes from Cleveland Clinic, University Circle, Case Western Reserve, and downtown Cleveland. Excellent opportunity for investors or owner-occupants looking for strong income potential and long-term appreciation. Major improvements within the last 5 years include new furnaces, new hot water tanks, fresh interior paint, and kitchen and bath updates. The third floor has been recently renovated to match the condition of the other units, creating a cohesive and well-maintained property throughout. Flexible income setup with one unit currently leased and two units operating as short-term rentals. Ideal house-hack opportunity live in one unit while the others help cover expenses, or convert all units to maximize rental income. Located on a highly sought-after block featuring a neighborhood park on the corner and a community garden nearby. Strong rental location with continued demand due to proximity to major hospitals, universities, and Cleveland's cultural hub. Point of Sale inspection ordered. Property offers immediate income potential with upside through rental strategy optimization. Rare opportunity to acquire a performing multifamily in a prime location.
Listed By
Agency Name: Chosen Real Estate Group
Agency Contact: 330-249-3499, office@chosenrealtyco.com
Shown By
Agent Name: Rachel Sharp, Your Sharp Agent!
Agent Phone: Cell: (330) 354-6792
Agency Title: M.C. Real Estate
Estimated Payment
$ 1,584.14 per month $867.75 Principal & Interest $602.67 Property Tax $113.72 Homeowner's Insurance
2609 Hampshire Road | MLS# 5197873
This multi-family property located at 2609 Hampshire Road , Cleveland Heights, OH 44106 is currently listed for sale with an asking price of $389,900. Hampshire Road is located within the Cleveland Hts-Univer - 1810 school district. Search Cleveland Heights real estate on www.ohioresidentialhomes.com today.