Well-designed layoutFilled with natural lightDining room
Offering a strong investment opportunity with immediate income with this side-by-side Duplex! LEAD Safe Certified and has the City of Cleveland rental registration in place!
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
85 days
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169
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8
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Zillow last checked:
Listing updated:
Listed by:
Iris Wheeler216-536-8597irisewheeler@gmail.com,
Keller Williams Greater Cleveland Northeast
Source: MLS Now,MLS#: 5204169Originating MLS: Lake Geauga Area Association of REALTORS
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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