MULTI_FAMILY - Cleveland, OH
Fully renovated, cash-flowing investment opportunity on Cleveland's west side, ideally situated in West Park near Kamm's Corners, Lakewood, and with easy highway access. This property features a duplex with two 1-bed/1-bath units plus an efficiency attached to the garage, all fully leased and generating $2,385/month in rental income. At a $149,900 purchase price, this equates to an approximate 16% cap rate, making it a rare west side cash cow. The property is under professional property management, offering a true turnkey experience for investors. Recent updates include new exterior paint, vinyl windows throughout, new LVP flooring and fresh paint throughout, new stainless steel appliances in both duplex units, dedicated washer and dryer for the main house units, new cabinets and countertops in the upstairs unit, and a fully renovated kitchen and bathroom in the efficiency with new LVP a...
Fully renovated, cash-flowing investment opportunity on Cleveland's west side, ideally situated in West Park near Kamm's Corners, Lakewood, and with easy highway access. This property features a duplex with two 1-bed/1-bath units plus an efficiency attached to the garage, all fully leased and generating $2,385/month in rental income. At a $149,900 purchase price, this equates to an approximate 16% cap rate, making it a rare west side cash cow. The property is under professional property management, offering a true turnkey experience for investors. Recent updates include new exterior paint, vinyl windows throughout, new LVP flooring and fresh paint throughout, new stainless steel appliances in both duplex units, dedicated washer and dryer for the main house units, new cabinets and countertops in the upstairs unit, and a fully renovated kitchen and bathroom in the efficiency with new LVP and paint. Call your favorite realtor today-this one won't last long!
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