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6 Beds
2 Baths
4,110 SqFt
Key Details
Sold Price -
Property Type Single Family Home
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,110 sqft
MLS Listing ID 5200077
Sold Date -
Bedrooms 6
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 2,740
Total Fin. Sqft 4110
Year Built 1923
Annual Tax Amount $1,234
Tax Year 2025
Lot Size 5,314 Sqft
Acres 0.122
Property Sub-Type Duplex
Property Description
Step into a Prime Investment opportunity, with a significant positive ROI cash flow. This property has been enhanced with brand-new insulated vinyl windows, fresh exterior siding and updated gutters ensuring lasting curb appeal and years of low to no maintenance functionality. Inside both spacious units are occupied by long term approved CMHA tenants generating a reliable $3250.00 in monthly rents. Third bedroom in each unit is tandem. Major systems have been thoughtfully modernized-- electrical, plumbing updates throughout providing another level of low maintenance investment. The third floor offers a blank canvas and with some vision and updates could dramatically increase the rentability and profit margin for any investor. The home provides newer furnaces, hot water tanks as well as updated electrical panels, GFCI's and all the modern conveniences approved by CMHA. The property has been thru the Lead Safe compliance process and has certification. Property can be POS compliant at time of transfer. Don't miss this easy investment opportunity, the work has been done, long term approved tenants are in place, just take over and start adding to your investment portfolio !! The home is located near the vibrant Coventry Historic district in Cleveland Heights, close to University Circle and world class health care at the Cleveland Clinic. The redevelopment and of this area is evident on every corner, this is an amazing opportunity to get in early on the transformation of this district. Leases and all information provided upon request, showings scheduled with acceptable offer and financing documentation in place.
Location
State OH
County Cuyahoga
Direction East
Rooms
Basement Full, Interior Entry, Concrete, Walk-Up Access
Interior
Heating Forced Air, Gas
Cooling Ceiling Fan(s)
Fireplace No
Window Features Double Pane Windows,Insulated Windows
Laundry Common Area, In Basement
Exterior
Exterior Feature Rain Gutters
Parking Features On Site, Off Street
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Garage false
Private Pool No
Building
Faces East
Story 3
Entry Level Two
Foundation Block
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District East Cleveland Csd - 1812
Others
Tax ID 672-27-066
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Gail Barber • Howard Hanna
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