2701 Hampshire Road Cleveland Heights, OH 44106
Welcome to an extraordinary opportunity in the heart of Coventry Village, one of Cleveland's most coveted neighborhoods! This expansive 3-unit property is situated just steps away from live music venues, vibrant bars, delectable restaurants, and eclectic shopping destinations. Enjoy seamless access to Little Italy, Cleveland Clinic, Case Western Reserve, and all the area has to offer. With many updates throughout, this property boasts beautifully refinished hardwood floors, elegant stone countertops, newer hot water tanks, updated electrical, and more. The first and second-floor units feature spacious 3-bed, 2-bath layouts, while the third floor offers a sprawling loft-style 1-bed, 1-bath unit. Currently yielding a gross monthly rent of $3, 730, this property presents an incredible investment opportunity with an over 8.5% cap rate. Embrace the chance to own a piece of this vibrant community, complete with modern comforts and potential for further growth. Don't hesitate to seize this chance to invest in one of Cleveland's most dynamic neighborhoods! The county auditor's website states that the property has 2 units, 6 bedrooms and 3 baths but the owner states that the property has 3 units, 7 bedrooms and 5 baths.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyCuyahoga
- Taxes$6,766
- HOA/Condo/Coop Fees$0
- Days on Site12 Days
- MLS StatusPending
- MLS ID Number5031880
- Home Size Source Assessor
- Year Built1917
- Lot Size0.224 Acres
- Full Baths5
- Partial BathsN/A
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General Features
- Construction Frame
- Parking DetachedGarage
- Sewer Public Sewer
- Basement Full
- Number of Stories Three Or More
- Acreage 0.224
- Water Public
- Property Sub Type Triplex
- Garage Spaces 4
- Attached Garage No
- Listing Conditions Standard
Interior Features
- Cooling None
- Heating Forced AirGasHot WaterSteam
Exterior Features
- Roof Slate
- Waterfront Property No
Community Features
- Township Cleveland Heights