1141 E 148th St, Cleveland, OH 44110

High-ROI Turnkey Duplex – Fully Occupied, 15% Cap Rate, Instant Cash Flow! Do you like checks in the mail every month? Rare opportunity for real estate investors! This income-producing duplex is fully rented with stable, long-term tenants. Upstairs unit rents for $1,129/mo and downstairs for $1,269/mo, generating $2,398/month - $28,776/year in gross rental income. At a purchase price of $129,000, that’s an impressive 15% capitalization rate with immediate positive cash flow. Both units have separate utilities, strong rental history, and is located close to shopping, dining, schools, and major highways. Perfect for buy-and-hold investors, 1031 exchange buyers, and cash-flow seekers. Low-maintenance investment property in a market with rising rents—add this turnkey rental property to your portfolio today! WHEN OFFERING: Proof of funds required. Cash offers will be considered before offers contingent on bank financing. $2K EMD. Cash Flow, ROI, Below Market, Handyman Special, rehab, as-is, motivated seller, must sell, relocation, estate sale, foreclosure, short sale, investment property, income property, developing area, high growth area, potential, add value