3716 Daisy AVE Active Save Request In-Person Tour Request Virtual Tour
Cleveland,OH 44109
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5061772
Bedrooms 5
Full Baths 2
HOA Y/N No
Year Built 1890
Annual Tax Amount $1,892
Tax Year 2022
Lot Size 5,292 Sqft
Acres 0.1215
Property Description
Discover a distinctive investment opportunity with this multi-family property on the west side of Cleveland, featuring two separate single-family homes on one lot. This is a House Hacking Dream! Live in the front house and rent the back house and live for pennies on the dollar. With it being 2 properties on one lot, you enjoy the benefits of multi family investment, without having neighbors right on top of you Just blocks from the newly built $1 billion Metro Hospital, this property is situated in a rapidly gentrifying neighborhood, promising both immediate and long-term value. The back house, with a Section 8 tenant, is set for a $100 rental bump in November, currently paying $812. This unique setup not only provides multiple income streams but also benefits from its proximity to major developments and revitalization efforts, making it a standout choice for savvy investors looking to capitalize on Cleveland’s growth. If you don't wish to house hack, comparable rent's for the front house are in the $1,200-1,300 ranges with the back house getting $900 you could get $2,000+, this is a steal!
This property is being sold in AS-IS condition.
Location
State OH
County Cuyahoga
Rooms
Basement Interior Entry,Concrete
Interior
Heating Forced Air
Cooling Ceiling Fan(s),Window Unit(s)
Fireplace No
Exterior
Garage None
Waterfront No
Water Access Desc Public
Roof Type See Remarks
Parking Type None
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 015-13-037
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard