4 Beds
2 Baths
1,536 SqFt
4 Beds
2 Baths
1,536 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,536 sqft
Price per Sqft $104
Subdivision City View Allotment
MLS Listing ID 5246478
Bedrooms 4
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 1,536
Year Built 1920
Annual Tax Amount $1,594
Tax Year 2025
Lot Size 5,401 Sqft
Acres 0.124
Property Sub-Type Duplex
Property Description
Great investment opportunity featuring a two-unit duplex with a storefront/bonus space currently used for storage. Both residential units offer an identical layout with 2 bedrooms, a living room, a dining room, and 1 bathroom each.
The downstairs unit is currently vacant, making it easy to show. The upstairs unit is tenant occupied at $900/month on a month-to-month lease, and the tenant would like to remain long term. Landlord currently pays water and sewer. Tenant pays all their utilities. Estimated market rent for the downstairs unit is approximately $1,200/month, offering potential for increased rental income. Recent updates include: Newer vinyl windows; New roof; New mechanical systems; New hot water tanks; New furnaces; New luxury vinyl flooring.
The storefront/storage space, downstairs unit, and basement are available for viewing. The upstairs unit will only be shown after a bona fide offer has been submitted. The property offers numerous possibilities for an owner-occupant or investor, including the potential to utilize the storefront/bonus space for additional income or other permitted uses. Live in one unit and rent the other, or add this property to your rental portfolio. Located in a neighborhood with strong rental demand, this property offers an attractive combination of existing cash flow and potential upside.
Priced to sell. Don't miss this opportunity! Schedule your showing today. (Please do not disturb or communicate with the upstairs tenant.
Location
State OH
County Cuyahoga
Rooms
Basement Full, Sump Pump
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Exterior
Parking Features On Street
Water Access Desc Public
Roof Type Asphalt
Private Pool No
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories Three Or More, Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 014-14-173
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition Standard
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