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Cleveland,OH 44108
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Duplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 1,796 sqft
Price per Sqft $63
Subdivision Gordon Farms
MLS Listing ID 5134616
Bedrooms 4
Full Baths 2
Year Built 1910
Annual Tax Amount $1,460
Tax Year 2024
Lot Size 4,199 Sqft
Property Sub-Type Duplex
Property Description
Excellent investment opportunity in a desirable area of Cleveland near Lake Erie! Previously (2022) updated with paint, cabinets, carpet, windows and flooring throughout. DOWN furnace was also replaced in 2024. The upstairs unit is rented out below market at $675.00/mo. and the downstairs unit is vacant with the potential to rent for $1,129/mo. per Section 8 fair market rents in 44108. A turnkey investor's dream, this property is LEAD SAFE (expires June 2027) and taxes are very low even after the recent increases in Cuyahoga County. Adjacent parcel is empty and can be purchased separately from the Cleveland Land Bank. Immediate and potential cash flow are imminent with this property so schedule a private tour before this market becomes too hot to handle!
Location
State OH
County Cuyahoga
Interior
Heating Forced Air,Gas
Cooling Ceiling Fan(s),Window Unit(s)
Laundry Common Area,Washer Hookup,Gas Dryer Hookup,In Basement
Exterior
Parking Features Driveway,Gravel,Off Street,Unpaved
View Y/N Yes
View City
Roof Type Asphalt,Fiberglass
Building
Lot Description Front Yard,Open Lot
Story 2
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Acceptable Financing Cash,Conventional,1031 Exchange,FHA,VA Loan
Listing Terms Cash,Conventional,1031 Exchange,FHA,VA Loan