1051 E 171st Street, Cleveland, OH 44119

$219,900
  • 1051 E 171st Street, Cleveland, OH 44119 Main Photo
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BEDS5 BATHS3 full SQUARE FEET2,798 MLS#5213471
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLCleveland Municipal - 1809

Property Description

Become a Real Estate Investor Overnight! The hard part has already been done. Welcome to a turnkey triplex in the heart of South Collinwood offering immediate cash flow and strong long-term investment potential. Whether you're an experienced investor looking to expand your portfolio or a first time buyer seeking a performing asset, this property is ready to generate income from day one. The first and second floor units feature spacious floor plans with large living rooms, traditional dining rooms, oversized picture windows, two bedrooms, full kitchens, updated bathrooms, and large porches for your outdoor entertainment. The third floor offers a newly finished loft style unit with over 600 sq/ft of living space, soaring ceilings, and excellent rental potential. Significant renovations were completed in 2019 and 2026 including a full tear-off roof, new windows, updated kitchens and bathrooms, new hot water tanks, updated siding, two newer furnaces, waterproofed basement, new stack, updated electrical panels, and a rebuilt front porch. The first and second floor units are currently occupied, providing immediate rental income, while the major systems and capital improvements have already been addressed, making this a true turn key investment. With strong cash flow potential, low maintenance concerns, and room for continued appreciation, this property is an excellent opportunity to build or strengthen your real estate portfolio. Home Warranty Included.

1051 E 171st Street | MLS# 5213471

This multi-family property located at 1051 E 171st Street, Cleveland, OH 44119 is currently listed for sale with an asking price of $219,900. E 171st Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.kikorealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full, Unfinished
Basement: Yes
Cooling: Ceiling Fan(s), Window Unit(s)
Heating: Baseboard, Forced Air, Gas
Lot Size: 0.18 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $2,756 / year
Year Built: 1925

Feature Descriptions

Appliances: Range, Refrigerator
Days on Site: 1
Exterior: Brick, Frame, Vinyl Siding
Parcel#: 113-25-021
Parking: Driveway, No Garage, Paved, On Street
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Listed By / Shown By

Listed By

Agency Name: Keller Williams Greater Metropolitan
Agency Contact: jermainebrooks@kw.com, 216-224-4326

Shown By

Agency Title: KIKO Real Estate
Agency Phone: (800) 533-5456

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Estimated Payment

$ 783.21 per month $489.40 Principal & Interest $229.67 Property Tax $64.14 Homeowner's Insurance

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