This multi-family home is a solid way to build your rental portfolio! This home consists of 2 units. The downstairs unit has 2 bedrooms and 1 full bathroom. The upstairs unit has 2 bedrooms and 1 full bathroom. The projected rent is estimated to be $950 per month. There is a shared basement with laundry. There is a large covered front porch and off-street parking. With easy highway access, this is near food, shopping and public transit! Don't miss out on this great opportunity! Schedule a showing and see it for yourself!
Fourplex property... Investors! Upgraded Four unit building is a cash flowing machine! Gross rent of $3,400/month or $40,800/year, for a 16% ROI, Brand new Furnaces and Hot water tanks. Located less than 10-15 minutes to downtown, CWRU, Cleveland Clinic, hospitals & University Circle. Amazing opportunity to just collect rents!
TONS OF NEW UPDATES!! This duplex was recently taken off market so the sellers could make serious improvements that included adding a new hot water tank and new furnace, the basement was cleaned, waterproofed using dry lock and the electrical was also improved. The front porch got a new roof and the exterior was painted. Both units are vacant and offer you the opportunity to place a tenant of your choosing. Each unit features 2 bed, 1 bath that could be occupied for at least $850/ mo for a total of $1700/mo or $20,400/ year with section 8 likely offering much more. Tenants pay their own gas and electric. Current taxes are just $735/year making expenses extremely low and you cash flow extremely high. Previous updates include new carpet in the units and new gas lines. It is located just 4 minutes from Shaker Square! Tenants will love the location thanks to the shopping and restaurants in the shaker square and Larchmere neighborhoods nearby. Local transportation is plentiful in this area and the Cleveland Clinic is less then 15 minutes away. Great opportunity for sec 8 and/or to house hack. Showings are easy. *Please read showing notes for access* If you saw if before, its worth seeing again!
Welcome to the Buckeye/ Shaker Neighborhood. Enjoy all the amenities the area has to offer, walking distance from restaurants, grocery store, Shaker Square, and quick access to Midtown, Case Western University, UH, Cleveland Clinic, and all the historic museums. A classic brick and stone triplex colonial with over 2,900 sq/ft of living space. This well maintained home has three units. The First floor unit is two bedrooms, one full bath, with a formal dining room, living room, a sunroom, and rear 3-season room. The second floor has an identical layout. Third floor unit is 1 bedroom, living room, kitchenette, full bath, and a ton of storage. Basement features 2 sets of washer and dryers and large common storage space. Exterior is masterfully landscaped with decked private oasis in rear. Seller has made some major improvements to ensure the property has remained solid. Currently, one unit is vacant. Fantastic investment opportunity. Property being SOLD AS IS! Seller will review all offers.
Amazing opportunity to own this beautiful duplex in the heart of Cleveland. This home features two, two bedroom and one bath units. Well maintained and recently renovated to maximize the income potential. One unit month to month at $700/month, with one unit newly leased at $595/month. Come check out this unique opportunity before it's too late!
Charming Multi-Family Home with Modern Upgrades and Excellent Rental Income Welcome to this Upgraded multi-family home featuring two spacious units, each with 2 bedrooms and 1 bath. Both units offer expansive living rooms, inviting dining rooms, and generously sized kitchens, making them perfect for comfortable living. The lower unit has been recently remodeled with fresh paint and new carpeting. The kitchen has been upgraded with new flooring, stylish cabinets, and countertops, providing modernization and functionality for cooking and dining. Exterior improvements include A newly rebuilt Upper Porch and roofing repairs. Newly Installed Gutters and freshly painted aluminum siding, enhancing the home's curb appeal. The property also boasts a fenced-in side lot, perfect for outdoor activities or gardening. This home is tenant-occupied, making it an excellent investment opportunity. The upper unit is currently rented at $750 per month, while the newly renovated lower unit commands $900 per month. Don’t miss out on this fantastic investment property with great income potential!
This large, multi-family home is a solid way to build your rental portfolio! In need of some TLC, this home has so much potential! With over 2,100 sqft of total living space, this home consists of 2 units - 1 upstairs and 1 downstairs. Both units offer 2 bedrooms, 1 full bathroom and a shared basement! The downstairs unit has a large covered front porch, and the upstairs unit has a large covered front balcony! There is a detached 2-car garage and paved driveway for additional parking! With easy highway access, this is near food, shopping and public transit. Great opportunity with this multi-family home! Schedule a showing to see it for yourself!
Discover a very rare investment opportunity with this value-add duplex in sought-after Shaker Heights! This property features one occupied unit rented for $995 per month on an annual lease that expires on October 31st 2024. The first floor hosts a spacious 3-bedroom, 1-bath unit, while the second floor mirrors this layout and includes an additional 1-bedroom, 1-bathroom in the attic. This versatile space can either extend the second-floor unit or serve as a separate third unit. Currently zoned as a two-family property, it requires cosmetic updates, including a new kitchen and bathroom on the first floor due to previous damage. With these updates, pro forma rents are expected to reach at least $1,200 for each 3-bedroom unit and $700 for the third-floor space. If Section 8 tenants are considered, the rental income potential could be even higher. Don’t miss this chance to maximize your returns with strategic improvements in this prime location!
Welcome to this charming half-occupied duplex. A perfect fit for investors, or those looking to share a living space. This well-maintained property features two spacious units and a full basement. The location provides easy access to local amenities, schools, and transportation. Potentially a great opportunity for both homeowners and investors alike.
Attention savvy investors! Here's an unbeatable chance to acquire an attractive duplex with a ton of upside in bustling Cleveland. One unit is currently occupied and generates $1,150 per month. The property features a 2-bedroom unit and a 3-bedroom unit, with the owner covering all utilities for added tenant appeal. With a proforma cap rate well over 11%, this investment shows great promise for significant returns. The duplex has undergone some updates, including fresh paint, a new furnace and water tank, sleek vinyl flooring, and some kitchen and bathroom upgrades. Don’t miss this golden opportunity to enhance your portfolio with a property that combines substantial income potential with low maintenance and high tenant satisfaction!
Duplex property... Investors! Upgraded Two unit house is a cash flowing machine! Gross rent of $1,700/month or $20,400/year, for a 14% ROI, Brand new Furnaces and Hot water tanks. Located less than 10-15 minutes to downtown, CWRU, Cleveland Clinic, hospitals & University Circle. Amazing opportunity to just collect rents! 14% ROI
Calling All Investors!! Income producing Three unit Property. Leased home on all levels. Rental registration for all three units. vinyl sided exterior, some vinyl windows and glass block windows. Units were freshly painted before tenants moved, updated bathrooms, kitchens and flooring. Room for rent increases next year. Start collecting rent at closing!
What great size to this turnkey duplex. Want to buy and do no work? This is bigger than most in the area by far. The downstairs has 3 bedrooms and the upstairs has 2 bedrooms. The owners have taken care of this property from top to bottom as you can see. The roof is less than 5 years old on the garage and the house. Everything is ready to go and in good working order. Make your offer today!
BECOME A REAL ESTATE INVESTOR OVERNIGHT! INSTANT INCOME with low maintenance and overhead, run the numbers this is a GREAT DEAL!!! This Cleveland Duplex located in 44120 is a must see. Each unit is equipped with 2 bedrooms and 1 bath. The third floor is finished with a bathroom which creates additional space for your second floor tenant. Property has been well maintained over the years but needs some TLC in order to get market rent. Great Investment Opportunity. Property being SOLD AS IS. A GREAT PORTFOLIO BUILDER! Seller will review all reasonable offers.
The median home value in Cleveland, OH is $97,300. This is lower than the county median home value of $177,200. The national median home value is $338,100. The average price of homes sold in Cleveland, OH is $97,300. Approximately 34.25% of Cleveland homes are owned, compared to 48.78% rented, while 16.97% are vacant. Cleveland real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Cleveland real estate agent to arrange a tour today!
Cleveland, Ohio 44120 has a population of 374,861. Cleveland 44120 is less family-centric than the surrounding county with 13.77% of the households containing married families with children. The county average for households married with children is 23.83%.
The median household income in Cleveland, Ohio 44120 is $33,678. The median household income for the surrounding county is $55,109 compared to the national median of $69,021. The median age of people living in Cleveland 44120 is 36.2 years.
The average high temperature in July is 82.4 degrees, with an average low temperature in January of 21.9 degrees. The average rainfall is approximately 37.9 inches per year, with 54 inches of snow per year.