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MULTI_FAMILY - Cleveland, OH
Priced to sell at breakeven! This vacant duplex is a fantastic investment opportunity, ready for your personal touch and improvements. With excellent potential for rental income, each of the two units features 2 bedrooms, 1 full bathroom, a large kitchen, a formal dining room, a living room, and a front porch. Section 8 allows for rental income up to $1,129 per month for a two-bedroom unit. In addition, there is extra space on the 3rd floor, perfect for storage or additional living area. The property boasts durable vinyl siding for low maintenance, making it an attractive option for investors. Conveniently located, this property is in close proximity to local shops, parks, schools, supermarkets, and public transit. Please note: this property is being sold as-is and the seller will not make any repairs. The seller, an out-of-state investor, has worked to remove items left by tenants, but ...
Priced to sell at breakeven! This vacant duplex is a fantastic investment opportunity, ready for your personal touch and improvements. With excellent potential for rental income, each of the two units features 2 bedrooms, 1 full bathroom, a large kitchen, a formal dining room, a living room, and a front porch. Section 8 allows for rental income up to $1,129 per month for a two-bedroom unit. In addition, there is extra space on the 3rd floor, perfect for storage or additional living area. The property boasts durable vinyl siding for low maintenance, making it an attractive option for investors. Conveniently located, this property is in close proximity to local shops, parks, schools, supermarkets, and public transit. Please note: this property is being sold as-is and the seller will not make any repairs. The seller, an out-of-state investor, has worked to remove items left by tenants, but the buyer is responsible for any remaining items. There are two vacant parcels to the right and one to the left, owned by the Cleveland Land Bank, which may be available for purchase through the City of Cleveland's side lot program. The property is back on the market due to no fault of the seller. An inspection report and the 2023 appraisal-valued at $118,000-are available upon request.
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