Property
Beds
5
Full Baths
3
1/2 Baths
None
Year Built
1925
Sq.Footage
2,951
This duplex is back on the market, with no blame on the part of the sellers. Both the first and second floors are identical, offering 2 bedrooms and 1 bathroom each, with a monthly rental income of $750 for each unit. The upstairs 3rd studio unit, complete with a bathroom, had previously rented for $600. The owners consistently collected $2,100 in rents, and there are well-documented payment records to support this. This property has undergone recent renovations and has the potential to function as a triplex. It enjoys a convenient location near University Circle, colleges, major hospitals, museums, meeting venues, and downtown Cleveland, just a short drive away. The renovation work is extensive, covering everything from the hot water tanks and furnaces to the tiles, carpets, and vinyl flooring. Fresh paint has been applied throughout, and new cabinetry has been installed. The roof has also been updated. The property's exterior features a spacious yard, off-street parking, and a detached 2-car garage. To prioritize tenant security and peace of mind, a professionally installed outdoor surveillance system operates 24/7. The property is being sold in its current condition, with 80% of the renovation already completed. This provides a unique opportunity for buyers to benefit from the work that has already been done, as the owner's circumstances can now become your opportunity. Don't miss out on this chance to invest in a well-maintained property that generates income.
Features & Amenities
Interior
-
Total Bedrooms
5
-
Bathrooms
3
-
Above Grade Finished Area
1850.0
-
Basement YN
YES
-
Cooling YN
NO
-
Cooling
None
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Construction Materials
Wood Siding
-
Parking
Paved
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.0964
-
Property Type
Residential Income
-
Property Sub Type
Duplex
Price
-
Sales Price
$67,900
-
Tax Amount
742.0
-
Sq. Footage
2, 951
-
Price/SqFt
$23
HOA
-
Association
No
School District
-
Elementary School
Cleveland Municipal - 1809
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
3
-
Sewer
Public Sewer
-
Water Source
Public
Schedule a Showing
Showing scheduled successfully.
Mortgage calculator
Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
Your payment
Principal and Interest:
$
Property taxes:
$
HOA fees:
$
Total loan payment:
$
Total interest amount:
$
Location
County
Cuyahoga
Elementary School
Cleveland Municipal - 1809
Middle School
High School
Listing Courtesy of Kathleen Poelking , Cleveland Property Management
RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
AGENT
Austin Lape
Call Austin today to schedule a private showing.
* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.