This multi-family side-by-side property features 3 bedrooms in each unit and is located in a revitalized area experiencing continued growth. With strong demand in the neighborhood, this property provides an excellent opportunity for an investor.
For those considering a flip, there is plenty of upside with value-add improvements. For those seeking a buy-and-hold investment, the numbers are equally promising—CMHA and fair market rents are estimated at $1,329 per unit, with room for future increases.
Additionally, each unit offers the potential to finish the third floor, creating a fourth bedroom and further increasing rental income and property value. For added ease and peace of mind, both hot furnaces are less than 3 years old.
Whether your strategy is to flip for profit or hold for steady cash flow, this property offers flexibility, updates where it counts, and long-term potential.
For sale
$165,000
3190-3192 Scranton Rd, Cleveland, OH 44109
4beds
2,697sqft
Est.:
Duplex, Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$61/sqft
$-- HOA
What's special
- 17 days |
- 825 |
- 48 |
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