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Don't miss your opportunity to own this newly renovated turn-key property offering low maintenance, high returns, & immediate cash flow. The work has been done for you, including a new roof and furnace (March 2025). Both units are tenant occupied ensuring worry free ownership for years to come and currently generating $1,800+ in monthly income and with Section 8 approval, the rental potential could increase to $1,100+ per unit per month maximizing your return! Upper unit has been fully remodeled with new flooring, updated kitchen & bath, new furnace and electrical panel. Lower unit has long-term tenant in place and has been well maintained. Each unit offers: kitchen, 2 bedrooms, full bathroom with living/dining room area, partially finished basement for laundry & storage, 2-car garage with additional parking pad and rear yard w/privacy fence. Conveniently located just minutes from major retail shopping and quality dining restaurants (Pinecrest, Legacy Village, and Beachwood Mall), and only a 20-minute drive to Cleveland Clinic, Cleveland Hopkins Airport and downtown Cleveland. Whether you're expanding your rental portfolio or seeking a reliable income producing asset in a growing market, this property is a must-see!
Property Details
- school district
- Cleveland Metropolitan
- taxes
- $2,590.00
- built
- 1944
- stories
- 2
- MLS#
- 5137835
- Garage Size
- 2
Interior Features
- Range
- Refrigerator
- Ceiling fan(s)
- Forced air heat
- Natural gas heat
- Smoke alarm
- Unfinished basement
- Full basement
- Basement laundry
Exterior Features
- Garage
- Two car garage
- Detached parking
- Detached garage
- Automatic garage door opener
- Garage spaces: 2
- Brick exterior
- Lot acreage is: 0.11
- Lot has city view
- Improvement: sidewalks
- Asphalt roof
- Public sewer
- Public water
- Levels in property: Two
- Total square feet: 2691
- Total above grade finished sq ft: 1794
- Basement square feet: 897
- Living square feet: 2691
- For sale
- Tax year: 2024
- Community swimming pool(s)