Description
Here's your opportunity to add a turnkey, income-producing duplex to your portfolio in the up-and-coming Slavic Village neighborhood! One unit is already rented for $1,250/month, while the second unit is vacant, updated, and ready for immediate tenant placement, allowing the next owner to quickly maximize the property's income potential. Both units have been updated with vinyl windows, LVP flooring, newer kitchen cabinets, and newer bathroom vanities, offering durable, low-maintenance finishes that tenants love. The property also features low-maintenance aluminum siding and a newer oversized 2-car garage, providing excellent off-street parking and added value. The numbers are where this property really shines. With $1,250/month already in place and a second unit ready to lease, this duplex offers an excellent opportunity to generate strong cash flow with immediate upside. Lease the vacant unit and unlock the full income potential from day one. For added peace of mind, the property is rental registered and holds a Lead Safe Certificate, making it an especially attractive option for investors looking for a property that is already positioned for rental operations. Located in Slavic Village, a neighborhood benefiting from ongoing investment and redevelopment, this is the type of property that checks all the boxes: income, updates, low maintenance, parking, compliance, and upside.
Details
| MLS # | 5239764 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Contingent |
| Year | 1910 |
| Days On Site | 47 |
| Listing Provided By | Source One Realty LLC | Ian Grame |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 3 Total |
| Garage | 2 |
| Basement | Y |
| Building(s) | 1 |
| Acreage | 0.12 |
Parking
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Detached, Garage |
Taxes
| Tax Annual Amount | 1335 |
|---|
Area Information
| State | OH |
|---|---|
| County | Cuyahoga |
| City | Cleveland |
| Zip Code | 44105 |
| Listing VS Median (in 44105) | |
Price: $139,900 low | high Med: $105,000 On site: 47 low | high Med: 47.5 | |
Market Activity 44105
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Learn More About This Property
| State | OH |
|---|---|
| County | Cuyahoga |
| City | Cleveland |
| Zip Code | 44105 |
| Listing VS Median (in 44105) | |
Price: $139,900 low | high Med: $105,000 On site: 47 low | high Med: 47.5 | |