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Welcome to the Cleveland investment market! This fully occupied, turnkey duplex presents an outstanding opportunity for both seasoned and first-time investors looking to generate immediate cash flow. Currently producing $2,050 per month in rental income, this property offers strong returns with an estimated cap rate of approximately 10%+ (based on market operating assumptions), making it a valuable addition to any investment portfolio. Each unit has been well maintained and features spacious layouts, including an oversized 2-bedroom, 1-bath lower unit and an oversized 3-bedroom, 1-bath upper unit. The property showcases beautiful original woodwork in pristine condition, a rare find that adds character and long-term tenant appeal. Major capital improvements provide peace of mind for the next owner, including a full roof and sheathing replacement completed in 2025 and a rear porch roof replacement in 2024, helping minimize near-term maintenance expenses. This is truly a set-it-and-collect-rent opportunity in one of the Midwest's strongest cash-flow markets. Don't miss your chance to secure a performing asset ? schedule your private showing today and see how YOU can start or expand your real estate investing journey!
Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.
Listed By
Agency Name: Keller Williams Citywide
Agency Contact: megangordon@kw.com, 216-392-8075