1477 Genesee Rd South Euclid, OH 44121

Well maintained, thoroughly renovated, fully occupied and cash flowing, turnkey South Euclid triplex. The owner has spared no expense and invested in excess of $80,000 renovating this property, including new modern kitchens in all units with stainless steel appliances, a full modern remodel of the first floor bathroom and minor remodels of the second and third floor bathrooms, refinished original hardwood floors on the first floor and LVP flooring on the second and third floors, new lighting throughout, extensive plumbing updates, newer hot water tanks, repair and repainting of all walls and trim, replacement vinyl windows, interior doors replaced or sanded and painted, glass block basement windows, basement walls painted water barrier paint, and separate laundry hookups plumbed for each unit. First floor unit is 2 bedrooms, 1 bathroom, and rented to a long term tenant for $945/month through August 2026. Second floor unit is 2 bedrooms, 1 bathroom, and rented for $905/month through July 2025. Third floor unit is 1 bedroom, 1 bathroom, and rented to a long term tenant through April 2026. Total rents are $2.690. Each unit is separately metered for gas and electric and tenants pay all their own utilities, including a reimbursement for water and sewer usage. All units have access to the unfinished basement for storage and three separate laundry hookups. There's a 3 car detached garage with one space assigned to each unit. The property is under professional management who can stay in place if the new owner so wishes. This rare suburban triplex is is the perfect portfolio builder for investors who are looking to sit back and collect the rent checks. No seller financing, no wholesalers, no assignment clauses; offers with these terms will be ignored. A video tour is available in the video tour section for a upon request via email to the broker.