6415 Gertrude Avenue, Cleveland, OH 44105

Welcome to 6415 Gertrude Ave, a fully renovated triplex offering a powerful combination of cash flow, modern updates, and long term stability. With two updated units in the main building and a separate single family home in the rear, this setup gives buyers versatility and strong rental appeal. The entire property has been updated from top to bottom with a brand new roof, new vinyl windows, updated electrical and plumbing systems, new furnaces, and new water tanks. Each unit has been refreshed with clean finishes and its own dedicated laundry area, making it both appealing to tenants and easier to manage. Projected rents total $4,494 per month, generating an estimated annual NOI of about $35,000 and placing this property at an approximate 10% cap rate, a rare return for something this updated and move in ready. Whether you're expanding a portfolio or looking for a property where you can live in one unit and let the other two cover the mortgage while still producing income, this … read more …