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Key Details
Sold Price $164,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Sears Brooklyn Park Allotment
MLS Listing ID 5043667
Sold Date 07/23/24
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1907
Annual Tax Amount $1,916
Tax Year 2023
Lot Size 4,199 Sqft
Acres 0.0964
Property Description
**Hot Investment Opportunity: Cash-Flowing Section 8 Turnkey Duplex** Attention Investors! Seize this incredible opportunity to own a cash-flowing, turnkey duplex located in one of the hottest investment zip codes. Priced at just $159,900, this property is a gem for any investor seeking strong returns and minimal hassle. **Property Features:** - **Turnkey Ready:** This duplex is fully occupied by Section 8 tenants. - **High Rental Income:** Enjoy total gross rents of $1,800 per month. - **Low Operating Costs:** Tenants pay all utilities except water, maximizing your net income. - **Prime Location:** Nestled in a sought-after area with high rental demand, ensuring stable occupancy and continuous cash flow. **Investment Highlights:** - **Asking Price:** An unbeatable $159,900 for a property generating substantial rental income. - **High ROI:** Excellent cap rate and strong return on investment in a thriving rental market. - **Growth Potential:** Located in a hot investment zip code, property values and rental demand are poised to increase. Don't miss out on this outstanding investment opportunity. Secure your future with this profitable, low-maintenance duplex. Contact us today to schedule a viewing and take the first step towards enhancing your investment portfolio!
Location
State OH
County Cuyahoga
Rooms
Basement Unfinished
Interior
Heating Forced Air, Gas
Cooling None
Fireplace No
Exterior
Garage Driveway
Waterfront No
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Parking Type Driveway
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 014-08-045
Financing Conventional
Special Listing Condition Standard
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Bought with Journey Toole • Keller Williams Living