Blake Alterman
BEDS0
BATHS
SQUARE FEET2,038
MLS#1883371
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLSt Bernard Elmwood P
Property Description
Investor opportunity with immediate cash flow! Fully occupied triplex generating $2,850/month ($34,200 annually). Unit mix includes one studio ($850), one 1-bedroom ($900), and one 2-bedroom ($1,100). Major updates include remodeled kitchens and baths, new laminate flooring, carpet, paint, lighting, updated electrical and plumbing, newer appliances, and a new hot water tank. The roof and furnace are approximately 4 years old, helping minimize capital expenditures. Ideal for investors seeking a stabilized asset with reliable income and value-add potential through future rent increases. Convenient location with strong rental demand. 24-hour notice required for all showings due to tenant occupancy.
Property Features
Property Type: Multi Unit - Multiple
Basement: Partial
Basement: Yes
Cooling: Central Air
Fenced: Yes
Fireplaces: 0
Heating: Forced Air, Gas
Lot Size: 0.09 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $1,824
Year Built: 1870
Units
Unit Type 1:
Bedrooms: 1
Full Bath(s): 1
Rent: $850.00
Total Rooms: 2
Unit Type 2:
Bedrooms: 1
Full Bath(s): 1
Rent: $900.00
Total Rooms: 3
Unit Type 3:
Bedrooms: 2
Full Bath(s): 1
Rent: $1100.00
Total Rooms: 4
Amenities
Porch
Wood Fence
Feature Descriptions
Days on Site: 23
Exterior: Vinyl Siding
Fireplace Features: None
Foundation: Block
Gas: Natural
Lot Dimensions: 33 X 125
Parcel #: 661-0001-0124-00
Parking: Onstreet
Sewer: Public Sewer
SQFT Basement: 664
Total Buildings: 1
Units: 3
Water: Public
Window Features: Wood
Local Schools
School District: St Bernard Elmwood P
Listed By / Shown By
Listed By
Agency Name: Coldwell Banker Realty
Agent Name: Patrick Cagney
Agency Phone: 513-922-9400
Shown By
Agent Name: Blake Alterman
Agent Phone: (216) 203-5648
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 1,563.90 per month $1,341.93 Principal & Interest $152.00 Property Tax $69.97 Homeowner's InsuranceChange Payment Information
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506 Maple Street | MLS# 1883371
This multi-family property located at 506 Maple Street, Elmwood Place, OH 45216 is currently listed for sale with an asking price of $239,900. Maple Street is located within the St Bernard Elmwood P school district. Search Elmwood Place real estate on blakealterman.ikeyrealty.com today.