$118,000
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10917 Notre Dame Avenue Cleveland, OH 44104
Duplex
Residence
5
Beds
3
Baths
Sq. Ft.
0.1
Acre
Lot
Property Activity
Time on Site
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Investor's dream! This turnkey duplex not only offers incredible income potential but also comes with the possibility of converting the third floor into a triplex, adding even more value. The lower unit features 2 bedrooms and 1 bath, while the upper unit boasts 3 bedrooms and 2 full baths. Both uni...ts have undergone extensive updates, including fresh carpeting, modern paint throughout, new cabinets, countertops, and renovated bathrooms, making this property move-in ready for tenants. In addition to the cosmetic updates, major systems have already been taken care of with newer furnaces and hot water tanks installed, ensuring no immediate capital expenditures (CapEx) are required. The property also includes a spacious 2-car garage, offering added convenience. Market rents in this area range between $900-$1,200 per unit, with even higher income potential from Section 8 tenants. This property could easily achieve over a 2% rent-to-price ratio, making it an outstanding investment in a rapidly developing neighborhood. Located just minutes from Shaker Square and University Circle, this duplex is perfectly positioned in an area seeing continued growth and revitalization. With the potential for high returns and a prime location, this is an opportunity you don't want to miss! Secure your showing today and make this high-yield property part of your portfolio.
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MLS#
5072406
Property Type
Duplex
Bedrooms
5
Bathrooms
3 Full
Year Built
1925
Lot Size
0.1
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