Homes for sale - 18024 Olympia RD, Cleveland, OH 44112

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Sun

Feb

Mon

Feb

Tue

Feb

Dawn Semancik

dawnsemancikhomes@gmail.com +1(216) 650-0746

$119,900

Est. payment - /mo

4 Beds

2 Baths

1,960 SqFt

Save

UPDATED:

01/18/2025 07:09 AM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,960 sqft

Price per Sqft $61

Subdivision Euclid View Land Co

MLS Listing ID 5095194

Bedrooms 4

Full Baths 2

HOA Y/N No

Abv Grd Liv Area 1,960

Year Built 1920

Annual Tax Amount $1,216

Tax Year 2023

Lot Size 3,920 Sqft

Acres 0.09

Property Description

Welcome to 18024 Olympia Road, Cleveland, OH 44112, a fantastic triplex that presents an incredible investment opportunity. This property features five bedrooms and three full bathrooms spread across three units, offering great rental income potential. The first-floor unit is currently rented for $1,000 per month, providing immediate cash flow. The second-floor unit, which is currently occupied will be vacant by the end of the month, has the potential to rent for $1,000 per month, while the third-floor unit (which will be vacant by the end of the month) could generate an additional $600 per month in rental income.

Though the triplex requires some maintenance to restore it to its full potential, it holds the promise of becoming a true cash cow. With all three units occupied, this property could yield a gross rental income of $2,600 per month. Whether you're a seasoned investor or just starting to build your portfolio, this triplex offers a unique opportunity to maximize your return.

Don't miss out on this chance to own a multi-unit property in a desirable location. Schedule your showing today and unlock the potential of 18024 Olympia Road!

Location

State OH

County Cuyahoga

Rooms

Basement Full, Concrete, Unfinished

Interior

Heating Forced Air, Gas

Cooling None

Fireplace No

Exterior

Parking Features Paved

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 117-08-056

Acceptable Financing Cash, Conventional, FHA 203(k)

Listing Terms Cash, Conventional, FHA 203(k)

Special Listing Condition Standard

Read Less Info

Listed by Alex V Johnson • Real Estate Quest, Inc. • 440-389-3883 rebroker216@gmail.com

GET MORE INFORMATION

Dawn Semancik

+1(216) 650-0746

Team Leader | License ID: SAL.2016005292

Team Leader License ID: SAL.2016005292

QUICK SEARCH

18024 Olympia RD Cleveland, OH 44112

Dawn Semancik

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

GET MORE INFORMATION