Fully renovated, section 8 occupied duplex offers exceptional cash flow exceeding the 1% rule with gross rent of $3,071 per month from section 8 tenants, your income is guaranteed. Situated in the west side of Cleveland in a rapidly developing area just south of Madison Avenue and north of I-90,… Read More only a few blocks from the vibrant Detroit Shoreway district. The property features two spacious units, each with 3 bedrooms and 1 bath, and is completely renovated in 2024. The home boasts a brand-new roof, all new vinyl siding, all new windows, 2 new furnaces, 2 new hot water tanks, all new plumbing and all new electrical. This home has been renovated with modern upgrades such as luxury vinyl plank (LVP) flooring in every room, the kitchens have been updated with new cabinets, granite countertops, tile backsplash and the bathrooms showcase stylish new tile and vanities. The property is as close to new construction as it gets. Located in one of Cleveland's most promising neighborhoods, this property offers incredible long-term potential and immediate returns. Don't miss out on this turnkey investment opportunity! Call the listing agent today to learn about an opportunity to have free property management and NO repairs / maintenance cost for a year!! Read Less
Courtesy of RE/MAX Above & Beyond and Jack Krusinski
Listing Snapshot
Days Online
109
Last Updated
Property Type
Duplex
Beds
6
Full Baths
2
Lot Size
0.13 Acres
Year Built
1887
MLS Number
5092345
30 Days Snapshot Of 44102
$328k
+73%
(avg) sold price
3
-50%
homes sold
48
-17%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Range, Refrigerator
Basement
CommonBasement, Full, Unfinished
Building
Built in 1887, Construction materials: AluminumSiding, Levels: Two, Living area units: SquareFeet, 1 building, 2
Heating
ForcedAir, Gas
Laundry
CommonArea, InBasement
Lot
0.1276 acres
Parking
NoGarage, Paved
Roof
Asphalt, Fiberglass
Sewer
PublicSewer
Taxes
Year: 2024
Tenant Pays
Electricity, Gas
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