
Description
Triplex on 4th Street in Cuyahoga Falls. Great opportunity to move into the recently updated unit while renting out the other 2 units. The current tenants are under property management and have been tenants since Seller's purchase. Don't want to live in? - this Property easily becomes a turn-key rental in a desirable area. This Property comes with plenty of upside for the future: Utilities can be submetered (not being charged back to tenants). Two of the units could be renovated; Attic could be finished; Plenty of room for a garage to be built (potential buyers should always do their own research and due diligence with the City and/or County, etc). Both lower units equipped with washer and dryer, which are not currently coin operated). Current rents are under market and can be raised. Seller improvements since purchasing: 1 unit completely updated in 2018, replaced roof, 2019 tuck pointing on chimney and the foundation. New gutters in 2020. Previous owner installed structural supports in the basement sometime between 2010-2017. H20 tank replaced in 2021
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4BEDS
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0.19ACRES
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3BATHS
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01/2 BATHS
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2,308SQFT
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$74$/SQFT
Listing information © 2022 YES-MLS.
Description
Triplex on 4th Street in Cuyahoga Falls. Great opportunity to move into the recently updated unit while renting out the other 2 units. The current tenants are under property management and have been tenants since Seller's purchase. Don't want to live in? - this Property easily becomes a turn-key rental in a desirable area. This Property comes with plenty of upside for the future: Utilities can be submetered (not being charged back to tenants). Two of the units could be renovated; Attic could be finished; Plenty of room for a garage to be built (potential buyers should always do their own research and due diligence with the City and/or County, etc). Both lower units equipped with washer and dryer, which are not currently coin operated). Current rents are under market and can be raised. Seller improvements since purchasing: 1 unit completely updated in 2018, replaced roof, 2019 tuck pointing on chimney and the foundation. New gutters in 2020. Previous owner installed structural supports in the basement sometime between 2010-2017. H20 tank replaced in 2021
