$67,000
$69,900
4.1%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
2 Baths
1,584 SqFt
SOLD DATE : 12/14/2020
Key Details
Sold Price $67,000
Property Type Single Family Home
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,584 sqft
Price per Sqft $42
MLS Listing ID 4226741
Sold Date 12/14/20
Bedrooms 4
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 1,584
Total Fin. Sqft 1584
Year Built 1900
Annual Tax Amount $817
Property Sub-Type Duplex
Property Description
Amazing opportunity for the savvy investor to acquire a cash flowing duplex just 1 mile away from the new 1 Billion Dollar MetroHealth redevelopment!! Each unit has 2 beds and 1 bath and boasts many updates throughout, including and not limited to, newer flooring, fresh paint, and updated furnace. Beautiful newer vinyl siding and vinyl replacement windows are some of the exterior updates that have been completed as well. Very appealing to both investors AND owner occupants looking to have a tenant pay their rent/mortgage for them!! Huge upside here in rents with the market rents at a minimum of $675 per unit, which will only increase with time as the Metro Health continues to gentrify this neighborhood. With an unfinished third floor, opportunity awaits to add a third unit
to collect an additional $400+ per month! In close proximity to Tremont, Ohio City, Downtown Cleveland and the MetroHealth campus, this property is truly a gem in a prime location.
Location
State OH
County Cuyahoga
Rooms
Basement Unfinished
Interior
Heating Forced Air, Gas
Cooling None
Fireplace No
Exterior
Parking Features Detached, Garage, Paved
Garage Spaces 2.0
Garage Description 2.0
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Garage true
Building
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 016-25-003
Financing Conventional,Trade
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Bought with Jennifer Deal • Keller Williams Elevate
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "