Property
Beds
4
Full Baths
2
1/2 Baths
2
Year Built
1928
Sq.Footage
N/A
TURN KEY CASH FLOW and a 14%+ cap rate! ADD IRA and portfolio value with this rehabbed (late 2022) and fully occupied Cleveland, Ohio duplex. Down unit is Section 8 (CMHA) and rents at $927.00 per month. Up unit is $850.00 (cash tenant) wth the opportunity for an increase in the rental rate at lease renewal. Separate furnaces, water heaters, electricty and gas to each unit. Up unit furnace overhauled in 2022, down unit furnace has a manufacture date of 2001 and are in working condition. Lead Certification in place as of January 2023. The Property has an unfinished attic for value-add opportunity.
Features & Amenities
Interior
-
Total Bedrooms
4
-
Bathrooms
2
-
1/2 Bathrooms
2
-
Basement YN
YES
-
Cooling YN
NO
-
Cooling
None
-
Heating YN
YES
-
Heating
Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Wood Siding
-
Parking
Driveway
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.101
-
Property Type
Residential Income
-
Property Sub Type
Duplex
Price
-
Sales Price
$151,900
-
Tax Amount
$920
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
Cleveland Municipal - 1809
-
Middle School
N/A
-
High School
N/A
Property Features
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Cuyahoga
Elementary School
Cleveland Municipal - 1809
Middle School
High School
Listing Courtesy of Yvette J Head , John Lee Real Estate Group, LLC.
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