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$ 125,000
Est. payment | /mo
5 Beds
2 Baths
3,526 SqFt
$ 125,000
Est. payment | /mo
5 Beds
2 Baths
3,526 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Square Footage 3,526 sqft
Price per Sqft $35
MLS Listing ID 5092257
Bedrooms 5
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 2,530
Year Built 1926
Annual Tax Amount $790
Tax Year 2023
Lot Size 4,800 Sqft
Acres 0.1102
Property Description
Investors, do you want a fully occupied property that cash flows $1,500/month? This upgraded, fully occupied property is sure to provide maximum cash flow for your portfolio. The lower unit is occupied at $1,100/month on a month-to-month term, and the upper unit is occupied at $1,300/month on a month-to-month term, leaving a cap rate of over 10%! The lower unit has 3 bedrooms, the upper unit has 2 bedrooms, and the attic has an additional 2 bedrooms that can be rented with the second floor for maximum rental potential! Situated just down the street from Five Points and 1.5 miles south of the Waterloo Arts District, this is a fantastic neighborhood to acquire your next cash flowing rental. This property is fully lead certified, certification for both units are in supplements.
Location
State OH
County Cuyahoga
Rooms
Basement Unfinished
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Parking Features Driveway
Garage Spaces 2.0
Garage Description 2.0
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 111-22-013
Listed by Jordan Marra • JAMM Real Estate Co. • jordan@jammrealestate.com 574-575-3242
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Rebecca Nedelka
REALTOR® | Lic# 2020004698