This updated duplex presents a strong value-add opportunity for investors looking to generate immediate cash flow! Each unit offers 2 beds & 1 bath, spacious living room & functional kitchen layout, creating comfortable & practical living spaces for tenants, & a shared basement, providing additional storage. The lower unit is currently vacant, the market rent is $900/mo. The upper unit is tenant-occupied at $950/mo. on a month-to-month lease, providing immediate income. The down unit features newer LVP flooring across the main living areas, including the living room, dining room, kitchen & bedrooms. The bathroom has vinyl flooring, newer vanity, updated plumbing, & tub surround in excellent condition. The well-maintained kitchen cabinetry, is paired with a newer sink & faucet. The upper unit has vinyl flooring in the main living areas & LVP flooring in the hallways & bedrooms. The kitchen cabinetry is enhanced with a newer faucet & plumbing updates in kitchen & bathroom sinks. The bathroom has ceramic tile flooring, newer vanity, mirror, faucet & well-maintained ceramic tub surround. The basement features separate electrical panels for each unit & individually metered gas & electric utilities, offering convenience. Major mechanicals include a furnace estimated to be approximately 10 years old & hot water tanks (2013) for both units. The basement has toilet and LVP flooring on the stairway leading down, adding durability. Located in Cleveland, this property offers convenient access to major roads, public transportation, schools, shopping, & other local amenities. Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors! With one unit vacant & the other providing steady income, this duplex is well-positioned for investors seeking a balanced mix of immediate returns & future appreciation! No wholesalers. No Seller financing. No low ball offers.
Listed By
Agency Name: RE/MAX Haven Realty
Agency Contact: mike@theazzamgroup.com, 216-446-7606
Shown By
Agent Name: Ty Colucci
Agent Phone: (330) 316-3570
Agency Title: DeHOFF REALTORS
Estimated Payment
$ 1,116.79 per month $773.09 Principal & Interest $292.67 Property Tax $51.04 Homeowner's Insurance
3424 W 117th Street | MLS# 5194895
This multi-family property located at 3424 W 117th Street , Cleveland, OH 44111 is currently listed for sale with an asking price of $175,000. W 117th Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on tcolucci.dehoff.com today.