MULTI_FAMILY - Cleveland, OH
Welcome to 7501 Berry Avenue, a beautifully remodeled duplex located in Cleveland's desirable West Boulevard neighborhood. This 4-bedroom, 2-bath home has been thoughtfully updated from top to bottom, offering the perfect combination of modern finishes and strong investment potential. Major improvements include new electrical panels, a new furnace, newly paved parking space, brand-new vinyl windows with new window casings, new luxury vinyl plank flooring throughout, and fresh paint in every room. The downstairs unit features an updated kitchen and bathroom, while the upstairs unit has been completely renovated with a brand-new kitchen and full bath, providing a clean and contemporary living space for tenants. Both units feature stainless steel appliances. Roof and plumbing were updated in 2021. The property also includes a 1-car detached garage, adding both convenience and appeal for fut...
Welcome to 7501 Berry Avenue, a beautifully remodeled duplex located in Cleveland's desirable West Boulevard neighborhood. This 4-bedroom, 2-bath home has been thoughtfully updated from top to bottom, offering the perfect combination of modern finishes and strong investment potential. Major improvements include new electrical panels, a new furnace, newly paved parking space, brand-new vinyl windows with new window casings, new luxury vinyl plank flooring throughout, and fresh paint in every room. The downstairs unit features an updated kitchen and bathroom, while the upstairs unit has been completely renovated with a brand-new kitchen and full bath, providing a clean and contemporary living space for tenants. Both units feature stainless steel appliances. Roof and plumbing were updated in 2021. The property also includes a 1-car detached garage, adding both convenience and appeal for future occupants. Situated in the West Boulevard neighborhood, this area is known for its charming tree-lined streets, classic architecture, and proximity to Lakewood and downtown Cleveland. Residents enjoy easy access to I-90, shopping, dining, and public transportation, making it a highly desirable location for both renters and homeowners. The neighborhood has been steadily revitalizing, with a mix of long-term residents and new investment driving continued growth and stability. CMHA rent estimates for 2-bedroom units in the 44102 ZIP code pay as high as $1,260 per unit, giving this duplex a total potential rent of $2,520 per month. At the asking price of $169,900, that equates to an impressive 17.8% gross cap rate and easily surpasses the 1% rule, making this property a cash-flow powerhouse. Whether you're an investor seeking a high-yield addition to your portfolio or a house-hacker looking to live in one unit and rent the other, 7501 Berry Avenue delivers exceptional value, strong returns, and lasting quality in one of Cleveland's most promising neighborhoods.
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