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Cherri Harrell

cherriharrell@homesbyharrell.com +1(216) 269-6296

$ 219,000

Est. payment | -/mo

4 Beds

3 Baths

1,770 SqFt

Save

$ 219,000

Est. payment | -/mo

Save

4 Beds

3 Baths

1,770 SqFt

Key Details

Property Type Single Family Home

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,770 sqft

Price per Sqft $123

MLS Listing ID 5256235

Bedrooms 4

Full Baths 3

HOA Y/N No

Abv Grd Liv Area 1,770

Total Fin. Sqft 1770

Year Built 1946

Annual Tax Amount $1,223

Tax Year 2025

Lot Size 4,090 Sqft

Acres 0.0939

Property Sub-Type Triplex

Property Description

Investment opportunity in the heart of Salem! Start your investment portfolio or expand your holdings with this triplex offering established rental income and an opportunity to complete an additional apartment. The first-floor two-bedroom apartment includes a utility room with laundry space and is occupied by a long-term tenant at $900 per month. Upstairs, an occupied one-bedroom apartment with a long-term tenant rents for $700 per month, bringing combined current rental income to $1,600 monthly. An additional one-bedroom apartment awaits completion, including drywall, flooring, kitchen and bath. Finish this space for your own use or prepare it for rental to add another income source. The unfinished apartment gives the next owner an opportunity to select finishes and make the most of the building's potential. Exterior improvements include new vinyl siding, windows, roof, landscaping, sidewalk upgrades and two new sets of exterior stairs, creating an appealing presentation while addressing substantial exterior projects. Enjoy a central Salem location with access to the locally owned restaurants, shops and historic character of downtown. Lincoln Plaza at State Street and Lincoln Avenue features a gazebo and fountain, providing an inviting community gathering place. Salem Community Center offers fitness, aquatics, sports and recreational programs, while Waterworth Memorial Park adds walking trails, playgrounds, sports facilities and a community bandshell. Established tenants, current rental income, exterior improvements and an unfinished apartment combine to make this a property worth exploring. Bring your plans and put the next chapter in motion at 1267 Cleveland Street. Opportunity awaits! #1267ClevelandStreet #SalemTriPlex #InvestmentOpportunity

Location

State OH

County Columbiana

Rooms

Basement None

Interior

Heating Forced Air

Cooling Window Unit(s)

Fireplace No

Laundry Inside, In Unit

Exterior

Exterior Feature Storage

Parking Features None

Fence None

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Garage false

Private Pool No

Building

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Salem Csd - 1508

Others

Tax ID 5108013000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

VOW - Northern Ohio Regional MLS (YES-MLS) /MLS Now

Listed by Cindy L Lautzenheiser • Howard Hanna • clautzenheiser@howardhanna.com, 330-565-3712

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(216) 269-6296

cherriharrell@homesbyharrell.com

1267 Cleveland ST Salem, OH 44460