Cleveland, OH 44105,12402 Benwood AVE
Cleveland, OH 44105,12402 Benwood AVE
Cleveland, OH 44105,12402 Benwood AVE
Cleveland, OH 44105,12402 Benwood AVE
Cleveland, OH 44105,12402 Benwood AVE
Cleveland, OH 44105,12402 Benwood AVE
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$ 126,800
Est. payment | /mo

6 Beds

3 Baths

3,050 SqFt


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$ 126,800
Est. payment | /mo
Save

6 Beds

3 Baths

3,050 SqFt

Key Details

Property Type Single Family Home

Sub Type Duplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 3,050 sqft

Price per Sqft $41

Subdivision Frisbie Realty Companys Propo

MLS Listing ID 5100235

Bedrooms 6

Full Baths 2

Half Baths 1

HOA Y/N No

Abv Grd Liv Area 2,042

Total Fin. Sqft 3050

Year Built 1926

Annual Tax Amount $2,294

Tax Year 2024

Contingent Inspections

Lot Size 4,717 Sqft

Acres 0.1083

Property Sub-Type Duplex

Property Description

Discover an extraordinary investment opportunity in Cleveland's dynamic landscape - a Professional Property Management maintained multi-family residence that offers both comfort and compelling returns. This spacious duplex encompasses 2,042 square feet of thoughtfully designed living space, featuring two generously proportioned three-bedroom units that cater to modern living expectations.
The lower unit currently generates $925 monthly, with significant potential for increased rental income with a lease ending 1/31/26. The upper unit will be delivered vacant, offering investors immediate flexibility or presenting an attractive owner-occupant scenario with built-in rental income. Each unit boasts three well-appointed bedrooms and showcases private porches, perfect for morning coffee or evening relaxation.
Situated in a neighborhood rich with amenities, residents enjoy convenient access to educational institutions, public transportation, and essential services. The John Adams College & Career Academy is within walking distance, while nearby bus stations ensure seamless connectivity throughout Cleveland. Daily conveniences are well-catered for, with ALDI supermarket just minutes away, and recreational opportunities abound at Youth Outdoors Cleveland.Whether viewed as a pure investment vehicle or a clever owner-occupant strategy, this property represents a compelling opportunity in Cleveland's real estate market. The combination of stable current income, potential for appreciation through strategic improvements, and the property's prime location creates an attractive value proposition for astute buyers seeking both immediate returns and long-term growth potential

Location

State OH

County Cuyahoga

Rooms

Basement Full, Storage Space, Unfinished

Interior

Heating Forced Air, Gas

Cooling None

Fireplace No

Laundry Common Area, In Basement, Lower Level

Exterior

Exterior Feature Private Entrance

Parking Features Common, Driveway, Off Street

Fence None

View Y/N Yes

Water Access Desc Public

View City, Neighborhood

Roof Type Asphalt,Fiberglass

Garage false

Private Pool No

Building

Lot Description Back Yard, City Lot

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 138-03-075

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Listed by Brandi Peyatt • Russell Real Estate Services • mbrandi001@gmail.com 440-539-7008
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12402 Benwood AVE