$130,000

1872 Lampson Road, Cleveland, OH 44112

  • 5 beds |
  • 3 baths |
  • 2,964 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon5,959sqft lot
  • Property Parking Icon 3 car garage
  • Property Price Per Square Feet Icon $44/sqft
  • Property List Date Icon Listed 23 days ago

Property Description

Investor opportunity in a highly desirable area! This tri-plex features 2 vacant units and 1 occupied unit, offering strong potential for value-add improvements. Unit 1 and Unit 2 each have 2 bedrooms and 1 bathroom and share a large front porch, while Unit 3 is a 1-bedroom, 1-bath unit currently being upgraded with new cabinets and countertops. The property includes 3 hot water tanks, 3 furnaces, 3 electric meters, and 3 water meters, making utility management simple. The front and sides of the exterior were recently painted, boosting curb appeal. Located in a prime neighborhood near shopping, dining, and public transportation, this property provides easy access to major thoroughfares while being in a vibrant, high-demand area. With excellent potential for upgrades and long-term rental growth, this tri-plex is ideal for investors looking to maximize returns. Full-service property management is available with dedicated departments for leasing, marketing, and tenant communication. Rehab and construction services are also offered for remote investors. Don’t miss this opportunity—schedule a showing today and explore the potential this property has to offer!

Listing Status:
Active
Listing Office:
RE/MAX Haven Realty : 440-519-3100
Listing Agent:
Michael Azzam : 216-446-7606
MLS ID:
5171634
  • Laundry: In Basement
  • Basement: Full
  • A/C: None
  • Heating: Forced Air
  • General: Balcony
  • Parking: DetachedGarage
  • Roofing: AsphaltShingle
  • General: Frame2
  • Originating MLS: NOWDD_NORM
  • School District: Cleveland Municipal - 1809
  • County: Cuyahoga
  • Zoning: 10 COLHTS S/L 61 ALL NWP TRI 0060117-13-025
  • Water: Public
  • Sewer: Public Sewer
  • Source: NOWDD_NORM

This listing courtesy of Michael Azzam, RE/MAX Haven Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

E

Euclid Park School

17914 Euclid Ave, Cleveland, OH, 44112

Grades PK-8

0.66 miles away

E

Euclid Park School

17914 Euclid Ave, Cleveland, OH, 44112

Grades PK-8

0.66 miles away

C

Collinwood High School

15210 Saint Clair Ave, Cleveland, OH, 44110

Grades 9-12

0.82 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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