Vision Sales Team

3141 Kensington Road

Cleveland Heights , OH 44118

MLS#: 5196748

$312,000

Status: Active
Listing number: 5196748
Listing provided by: Beycome Brokerage Realty LLC
Listing agent phone: None
Last update: 22 hours ago
New on site 1 day ago
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Meadowbrook - Residential Income

Property

Beds

5

Full Baths

2

1/2 Baths

None

Year Built

1922

Sq.Footage

2,855

Steps from the Cedar Lee corridor — one of Cleveland Heights' most walkable and sought-after neighborhoods, with restaurants, boutiques, and transit all within easy reach. This 3-unit property has immediate income in place with room to grow. Unit 1 (occupied | $1,250 + $25 pet fee): Recently renovated, oversized private patio. Comparable units in the area support $1,300/mo. Tenant on one year lease.Unit 2 (vacant — move-in ready): Recently renovated, Identical layout and finishes to Unit 1, same oversized patio. An owner-occupant living here would have the other two units covering housing costs entirely. Can also be leased at $1,300/mo from day one.Unit 3 (occupied | $575): Studio unit, currently below area comps. Similar studios nearby support $750+/mo. Month to month tenant.At full occupancy with upside rents, gross monthly income exceeds $3,350. Roof recently updated. Brand new garage. Solid bones, strong location, and value-add upside already in place. A POS estimated around 3k will be passed on to the buyer. A compelling addition to any portfolio, or a nice way to reduce housing costs by living in one unit.

Features & Amenities

Interior

  • Total Bedrooms

    5

  • Bathrooms

    2

  • Above Grade Finished Area

    2855.0

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Wall Unit(s)

  • Heating YN

    YES

  • Heating

    Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    2

  • Construction Materials

    Frame

  • Parking

    Driveway, Detached, Garage

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.101

  • Property Type

    Residential Income

  • Property Sub Type

    Triplex

Price

  • Sales Price

    $312,000

  • Tax Amount

    $7,596

  • Sq. Footage

    2, 855

  • Price/SqFt

    $109

HOA

  • Association

    No

School District

  • Elementary School

    Cleveland Hts-Univer - 1810

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    3

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Cuyahoga

Elementary School

Cleveland Hts-Univer - 1810

Middle School

High School

Listing Courtesy of Steven Koleno , Beycome Brokerage Realty LLC

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Agent Tami Reiss

AGENT

Tami Reiss

Call Tami today to schedule a private showing.

(330) 338-6293

Tami@VisionSalesTeam.com


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Steps from the Cedar Lee corridor — one of Cleveland Heights' most walkable and sought-after neighborhoods, with restaurants, boutiques, and transit all within easy reach. This 3-unit property has immediate income in place with room to grow. Unit 1 (occupied | $1,250 + $25 pet fee): Recently renovated, oversized private patio. Comparable units in the area support $1,300/mo. Tenant on one year lease.Unit 2 (vacant — move-in ready): Recently renovated, Identical layout and finishes to Unit 1, same oversized patio. An owner-occupant living here would have the other two units covering housing costs entirely. Can also be leased at $1,300/mo from day one.Unit 3 (occupied | $575): Studio unit, currently below area comps. Similar studios nearby support $750+/mo. Month to month tenant.At full occupancy with upside rents, gross monthly income exceeds $3,350. Roof recently updated. Brand new garage. Solid bones, strong location, and value-add upside already in place. A POS estimated around 3k will be passed on to the buyer. A compelling addition to any portfolio, or a nice way to reduce housing costs by living in one unit.

3141 Kensington Road

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