4 bedroom house for sale

Overview

The duplexes in this area have been selling in less than 48 hours recently so you'll want to jump on this one fast! This multifamily offers its new owner a great value add opportunity with cash flow on day 1. The upstairs is occupied at $750 by a 2 year tenant who is now month to month. The lower unit is vacant and has recently been painted and had new flooring installed. Huge opportunity to create equity on day 1 by simply placing a tenant. Market rent is $950+ (even more possible with CMHA) Tenants pay for gas and electric. Owner pays insurance, water/ sewer and Taxes which are SUPER low at just below $500/ year! Hot water tanks are both newerThere are some cosmetics and repairs needed which is why it's priced below the other comparable. Located near Larchmere Blvd, Shaker Square and less then 3 miles from Cleveland Clinic Main Campus. Property has on site security systems that could transfer to the new owner (see details below). Showings of the lower unit only until an offer is accepted.