6 Beds
2 Baths
8,751 Sqft Lot
6 Beds
2 Baths
8,751 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Glenn Hodge & Taylors
MLS Listing ID 5252025
Bedrooms 6
Full Baths 2
HOA Y/N No
Year Built 1920
Annual Tax Amount $2,202
Tax Year 2025
Lot Size 8,751 Sqft
Acres 0.2009
Property Sub-Type Duplex
Property Description
The upstairs unit is currently occupied by a long-term voucher tenant paying **$1,600 per month**, providing established rental income from day one! The lower unit was previously rented for **$1,200 per month**, offering the potential for **$2,800 in total monthly rental income, or $33,600 annually**, when fully occupied at those rental rates.
Major improvements have already been completed, including new luxury vinyl plank (LVP) flooring, fresh interior paint throughout, vinyl exterior siding, and replacement of most water and gas plumbing lines. The property is also **lead certified and has a valid occupancy certificate**, providing additional peace of mind for investors.
Situated in a location with convenient access to Downtown Cleveland, Cleveland State University, employment centers, healthcare institutions, and major transportation routes, this duplex offers compelling long-term appreciation potential as investment and redevelopment continue throughout Cleveland.
**Whether you're expanding your rental portfolio or purchasing your first investment property, this updated duplex offers an attractive combination of established cash flow, additional rental income potential, and long-term upside—all without the burden of a major renovation!** Don't miss this opportunity to acquire a cash-flow-focused asset in Cleveland's evolving real estate market!
Location
State OH
County Cuyahoga
Rooms
Basement Full
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Parking Features Driveway
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 105-28-058
Acceptable Financing Cash, 1031 Exchange, Other
Listing Terms Cash, 1031 Exchange, Other
Special Listing Condition Standard
Nearby Locations
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