1051 E 171st Street , Cleveland, OH 44119 - $219,900

Comments for 1051 E 171st Street , Cleveland, OH 44119

Become a Real Estate Investor Overnight! The hard part has already been done. Welcome to a turnkey triplex in the heart of South Collinwood offering immediate cash flow and strong long-term investment potential. Whether you're an experienced investor looking to expand your portfolio or a first time buyer seeking a performing asset, this property is ready to generate income from day one. The first and second floor units feature spacious floor plans with large living rooms, traditional dining rooms, oversized picture windows, two bedrooms, full kitchens, updated bathrooms, and large porches for your outdoor entertainment. The third floor offers a newly finished loft style unit with over 600 sq/ft of living space, soaring ceilings, and excellent rental potential. Significant renovations were completed in 2019 and 2026 including a full tear-off roof, new windows, updated kitchens and bathrooms, new hot water tanks, updated siding, two newer furnaces, waterproofed basement, new stack, updated electrical panels, and a rebuilt front porch. The first and second floor units are currently occupied, providing immediate rental income, while the major systems and capital improvements have already been addressed, making this a true turn key investment. With strong cash flow potential, low maintenance concerns, and room for continued appreciation, this property is an excellent opportunity to build or strengthen your real estate portfolio. Home Warranty Included.