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Cleveland,OH 44108
Key Details
Property Type 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
HOA Y/N No
Abv Grd Liv Area 1,796
Year Built 1910
Annual Tax Amount $1,460
Tax Year 2024
Contingent Inspections
Lot Size 4,199 Sqft
Acres 0.0964
Property Sub-Type Duplex
Stories Two
Story Two
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
Direction Northeast
Rooms
Basement Common Basement,Full,Concrete,Unfinished
Interior
Interior Features Ceiling Fan(s),Laminate Counters
Heating Forced Air,Gas
Cooling Ceiling Fan(s),Window Unit(s)
Fireplace No
Window Features Double Pane Windows
Appliance Range,Refrigerator
Laundry Common Area,Washer Hookup,Gas Dryer Hookup,In Basement
Exterior
Parking Features Driveway,Gravel,Off Street,Unpaved
View Y/N Yes
Water Access Desc Public
View City
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Lot Description Front Yard,Open Lot
Faces Northeast
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 108-02-040
Security Features Smoke Detector(s)
Acceptable Financing Cash,Conventional,1031 Exchange,FHA,VA Loan
Listing Terms Cash,Conventional,1031 Exchange,FHA,VA Loan