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Offering a strong investment opportunity with immediate income with this side-by-side Duplex! One unit is already occupied (tenant in place for over 20 years rent $1558 m-t-m lease), providing steady rental income from day one, while the second unit has been updated and is move-in ready for a new tenant (advertised for rent at $1600). Both units are very spacious and filled with natural light, featuring a well-designed layout with a large living room, dining room, and kitchen on the first floor. Each unit offers 4 generously sized bedrooms while one unit includes 2 full bathrooms and the other offers 1 bathroom. The updated unit showcases neutral finishes and has an additional bonus room. Ideally located just minutes from the Cleveland Clinic, downtown Cleveland, and major freeways, this property offers exceptional convenience for tenants. Easy access to public transportation makes commuting simple, adding to the strong rental appeal of this investment. Lead Safe certified. With the current and projected rental income, this property delivers over a 10% cap rate, making it an excellent addition to any investor's portfolio. No seller financing
Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.
Listed By
Agency Name: Keller Williams Greater Cleveland Northeast
Agency Contact: irisewheeler@gmail.com, 216-536-8597
Shown By
Agent Name: Traci Hardy
Agent Phone: (330) 502-8687
Agency Title: Burgan Real Estate