Long term tenants
Ohio city investment opportunity. Fully rented 3 unit apartment building, gross annual revenue of $36,840.00. This building is available as a single purchase, or with two buildings across the street (see reference properties).
Excellent investment opportunity! This 4-unit townhouse style building is located on the up and coming Ohio City neighborhood of Cleveland. Three of the four units are rented, offering $54,720 gross annual income, with a potential of $72,960 or more annual income when the vacant unit is rented. This property is available alone or with the adjacent 4407 Clinton and 4210 Clinton, across the street.
Exceptional investment opportunity in the heart of Cleveland's Westside. This 2-bed, 2-bath duplex is strategically located off State Route 176, providing convenient access to all major highways, shopping centers, and medical facilities.The upstairs unit is currently occupied on a month-to-month basis at $650, while the downstairs unit is vacant, offering flexibility for new ownership. The property features a 2-year-old hot water tank and a 2-year-old furnace, ensuring the duplex is well-maintained and energy-efficient. Situated just minutes from the vibrant neighborhoods of Downtown, Tremont, and Ohio City, this property offers the perfect balance of tranquility and proximity to premier entertainment and dining options. Nestled on a quiet street with minimal traffic, this duplex presents an ideal opportunity for both investors and owner-occupants alike. The property's prime location, coupled with its spacious layout and well-maintained condition, makes it a truly exceptional investment prospect. Schedule your showing today!
Turnkey duplex in the HOT Warner Rd neighborhood, lots of new construction and development in the area. $1500/mo gross with separately-metered gas & electric. Exterior is aluminum siding for worry-free maintenance. Many upgrades such as modern electric panels, newer roof, ceiling fans. Great location, near freeway access, shopping, schools, and just minutes to Downtown Cleveland, Metro Hospital, Cleveland Clinic, and more. Professional management in place.
INVESTORS SPECIAL!! TURN-KEY AND DUPLEX TENANT OCCUPIED!!! TWO properties for the price of ONE (front building & rear single-family)!! The front house is a brick duplex with 2 bedrooms and 1 bathroom in each unit. The rear house is a spacious single family colonial with 3 bedrooms and 1 bathroom. Duplex is currently occupied and are bringing in a total of $1190 each month. Before vacancy, the single family was rented at $1100 monthly. Fully occupied has the potential of $2400 monthly. Driveway for plenty of off- street parking. Within walking distance to local shops, restaurants, transit and Slavic Village.
Very nice two-family home with an additional 2 bedrooms on the third floor. New Roof installed in 2021, Newer Furnaces, Electrical. All new replacement windows. Exterior of the home was freshly painted this past August. This is a very good income investment property. Property also has good long-term month-to-month tenants. The entire house is in very good condition. This is a Turn-Key Property.
Extensively renovated 3 family in Historic Little Italy Neighborhood. Entire building has been renovated and each unit has been extensively updated. Newer roof, electrical, plumbing, furnace and Central Air. Kitchen and baths have all been updated. Newer flooring, cabinets countertops, updated baths with walk in showers and tile surrounds. Each unit has in suite laundry. On site parking and 2 car garage can be used for tenant parking or rented out separately. Perfect turn key investment. You'll have no problem finding tenants to rent these immaculate units.
Great opportunity to collect top dollar for rent in the Tremont neighborhood! Three family property consists of a Duplex and Single-Family Home. Duplex is an upper/lower home with each unit containing 2 bedrooms and 1 bathroom with some updates. Single Family home has 4 bedrooms and 1 bathroom. Plenty of parking for all future tenants. Duplex has separate meters, furnaces and water heaters. Laundry located in upstairs unit and basement.
Ideal for investors, this duplex features two updated units 3-bedroom, 1-bath and 2 bedroom, 1 bath. units, currently rented for immediate income. Located in a vibrant neighborhood with easy access to public transit, schools, shopping, and dining. Recent renovations minimize maintenance and enhance appeal. Secure a profitable property in a growing community. Contact us today to learn more and schedule a viewing.
Calling all investors!! Come restore this duplex in Cleveland’s Corlett neighborhood. Close to grocery stores and shopping which is ideal for future tenants. Seller open to seller financing with favorable terms.
CALLING ALL INVESTORS!!! This duplex is an estate and waiting for someone to bring it back to its original glory. Very convenient location off E. 71st Street near the Cuyahoga Heights/Cleveland border. The property is being sold AS IS. No repairs paid for by seller. The front unit is vacant and the smaller of the two units. The furnace for the front unit is in the living room. It could possibly be moved to the 2nd bedrm which is rather small off the kitchen area. The furnace for the back unit is in the attic. Age of roof, heating, siding and windows are not known. There are no seller owned appliances. The back unit is currently rented on a verbal agreement with no written lease and no security deposits collected. The back tenant is paying under market value of $550.00 and has lived there for 7 years. The seller pays for gas, electric, water & sewer. There is only one meter system for both units. Access to the tenant occupied unit is limited. Buyer will only be able to view the front unit. There is a wet basement and one plumber said the main plumbing stack is cracked. There is at any given time several feet of water in the basement. The basement has an outdoor hatch that is in need of repair. There is no garage and driveway is deteriorated. There is peeling paint and likely asbestos type siding. The square footage and history of home cannot be verified. Executor never lived in the home and the executor NEVER had the home tested for pest, lead based paint, radon or asbestos. Private professional inspections of all kinds are encouraged by the seller at the buyer's expense. Come see and make an offer today!
Eat-in kitchens. Attic space also used for bedrooms for the upstairs unit. Seller selling as-is. No repairs will be made by seller.
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.
This spacious five bedroom, three bathroom triplex is situated on an established street in the Glenville area. lower/upper units features 2 bedrooms and 1 bath, 3rd level features 1 bedroom and 1 bath. New updates include newly painted exterior, porch rebuild, roof replacement, new HVAC units and water heaters, a fully renovated lower unit. This duplex promises comfortable living but also excellent rental potential. Local & out of state investors are welcome! All information, including square footage, is approximate; buyers are encouraged to verify details independently.
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!
Discover an incredible investment opportunity with this 4-unit property in Cleveland! Two units are currently occupied bringing in $1,350 per month with a proforma monthly rental income of $2,700. Tenants handle their own electric and gas, while the owner covers water and sewer. With a proforma cap rate exceeding 10% this property has potential for substantial returns. Recent updates include 4 new furnaces and water tanks, some fresh carpet, paint, flooring, and small touches to kitchens and bathrooms to make the units rent ready. Don't miss out on this chance to secure this potentially extremely profitable addition to your portfolio!
Discover this compelling fixer upper duplex offering two units perfect for maximizing rental income. Located in a growing neighborhood, Unit 1 features 2 bedrooms renting at $1,200/month, while Unit 2 offers 3 bedrooms at $1,400/month, both eligible for Section 8. With strategic renovations, capitalize on increased property value and rental income potential. Conveniently situated near transportation and amenities, this duplex combines affordability with strong profitability potential, making it an excellent investment opportunity in a developing market. Contact us now to seize this opportunity!
This is a fantastic investment opportunity in a rapidly growing area! This triplex features three spacious units, each with a potential rental income of $1,200 per month, totaling $3,600 monthly. Perfect for an investor looking to complete a project, this property can be Section 8 friendly and located near public transportation, shopping, schools, and parks. With high demand for rentals in this area, you can expect a steady stream of tenants. Don't miss out—contact us today to schedule a viewing!
Unlock the potential of this fantastic investment opportunity with this 5-unit apartment building. This property is perfect for investors seeking a project with significant upside potential through a complete interior rehab. The building features three spacious 3-bedroom units and two 1-bedroom units, with projected monthly rental income ranging from $1,000 to $1,600 per unit. With an estimated total rental income between $5,000 and $8,000 monthly after renovations, this property promises excellent returns on investment. The diverse unit mix allows for targeting a broad range of tenants, ensuring steady occupancy and income. Located in a prime area with convenient access to public transportation, schools, shopping centers, and dining options, this building is poised for value appreciation. This opportunity is ideal for investors looking to add significant value through strategic renovations and capitalize on the growing rental demand in.
Looking to add to your investment portfolio? Not afraid to jump right in and make improvements? Then this is the home for you! Maximize your potential and rent out both units or live in one and rent out the other. Each unit mimics the other in lay out, hosting 2 bedrooms and 1 bath per unit. Attic and basement. Located near downtown Cleveland and shaker square in the Corlett neighborhood. Low taxes. Buyers agents be sure the home fits your clients financing criteria.
Excellent Investment Opportunity! Welcome to this spacious duplex, perfectly located near highways, hospitals, shopping, and parks! Each unit boasts two bedrooms and one bathroom, providing a comfortable living space for tenants. This income-producing property is fully occupied, offering a great source of passive income. The duplex's proximity to amenities makes it an attractive rental option, ensuring consistent demand. Features: - Two units, each with 2 bedrooms and 1 bathroom - Spacious living areas - Prime location near highways, hospitals, shopping, and parks - Fully occupied and income-producing - Great investment opportunity Don't miss out on this fantastic chance to own a lucrative duplex! Schedule a viewing today and make this smart investment yours!
This duplex is a tremendous opportunity for an investor. Each unit has two bedrooms and one bath, two car detached garage.Separate electric/ gas meters Fully occupied with professional property management in place.
The median home value in Cleveland, OH is $136,250. 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 $136,250. 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 has a population of 374,861. Cleveland is less family-centric than the surrounding county with 15.15% 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 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 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.