UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active Under Contract
Purchase Type For Sale
Subdivision Wick
MLS Listing ID 5222434
Bedrooms 5
Full Baths 2
HOA Y/N No
Year Built 1925
Annual Tax Amount $970
Tax Year 2024
Contingent Inspections
Lot Size 3,598 Sqft
Acres 0.0826
Property Sub-Type Duplex
Property Description
The property features a spacious 3-bedroom, 1-bath upper unit renting for $1,300/month and a 2-bedroom, 1-bath lower unit with a subsidized tenant paying $1,200/month, providing stable cash flow from day one.
Major capital improvements have already been completed, including new windows, new vinyl siding, updated kitchens, renovated bathrooms, newer furnaces, and newer hot water tanks, minimizing future maintenance costs and maximizing your return.
Whether you're a seasoned investor looking for a low-maintenance asset or a buyer seeking a solid income-producing property, this duplex offers the perfect combination of updates, dependable rental income, and long-term investment potential. Don't miss this opportunity to own a cash-flowing property with many of the big-ticket improvements already completed.
Location
State OH
County Cuyahoga
Rooms
Basement Unfinished
Interior
Heating Forced Air
Cooling None
Fireplace No
Appliance Range, Refrigerator
Exterior
Parking Features Detached, Garage
Garage Spaces 2.0
Garage Description 2.0
Water Access Desc Public
Roof Type Asphalt
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 112-03-151
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
NEARBY SCHOOLS & PROPERTIES
Owner | License ID: 2013002395