10117 Somerset AVE, Cleveland, OH 44108
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10117 Somerset AVE, Cleveland, OH 44108
10117 Somerset AVE, Cleveland, OH 44108
10117 Somerset AVE, Cleveland, OH 44108
10117 Somerset AVE, Cleveland, OH 44108
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Heidi Riley

Heidi Riley

+1(740) 359-0336
$ 150,000
Est. payment /mo
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10117 Somerset AVE Cleveland, OH 44108

4 Beds

3 Baths

4,399 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Subdivision Superior Park

MLS Listing ID 5255965

Bedrooms 4

Full Baths 3

HOA Y/N No

Year Built 1911

Annual Tax Amount $1,616

Tax Year 2025

Lot Size 4,399 Sqft

Acres 0.101

Property Sub-Type Triplex

Property Description

NEW REDUCED PRICE! ATTENTION INVESTORS! AFFORDABLE TRIPLEX WITH EXCELLENT INCOME POTENTIAL NEAR UNIVERSITY CIRCLE & WADE PARK! Fantastic opportunity to expand your investment portfolio with this spacious, nicely updated three-family property located near major universities, hospitals, and ongoing redevelopment! Situated in a high-demand rental corridor just minutes from University Circle's educational and medical campuses, this property offers convenient access to major employment centers, shopping, dining, and neighborhood amenities. Each of the three units features 2 bedrooms and 1 full bathroom with comfortable, functional layouts. The third-floor unit is currently tenant-occupied, with a tenant who would like to remain, while the first- and second-floor units are vacant and rent-ready, providing an excellent opportunity to generate additional rental income or explore owner-occupancy options! Numerous valuable improvements have already been completed, including updated furnaces, hot water tanks, electrical systems, and a flat roof installed in 2018. Separate metering provides added convenience for utility management and operating efficiency. Investors will appreciate the flexibility of an existing tenant combined with two available units, offering the potential to increase rental income and maximize returns. Located on a quiet street near University Circle and Wade Park, this property offers an attractive combination of affordability, location, improvements, and long-term investment potential. Don't miss this opportunity to acquire a multifamily property in an active redevelopment area! IMPORTANT: Do not disturb third-floor tenant. Only first- and second-floor units may be shown prior to an accepted offer. Third-floor unit may be shown after an accepted offer. No wholesalers, contract assignments, or owner financing. Property is part of a larger investment portfolio and may be purchased individually or as part of a bulk portfolio purchase.

Location

State OH

County Cuyahoga

Rooms

Basement Unfinished

Interior

Heating Forced Air

Cooling None

Fireplace No

Exterior

Parking Features Detached, Garage

Garage Spaces 1.0

Garage Description 1.0

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Private Pool No

Building

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 109-09-192

IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW
Listed by Adrian Frederick • Coldwell Banker Schmidt Realty • afredericksold@gmail.com, 216-469-4854

NEARBY SCHOOL & BUSINESS

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Heidi Riley

Heidi Riley

St. Clairsville Sales Manager, OH & WV Realtor®/Salesperson License ID: C2008001844, 30706

+1(740) 359-0336

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10117 Somerset AVE