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$175,000
Est. payment /mo
5 Beds
3 Baths
2,500 SqFt
UPDATED:
01/22/2025 06:22 PM
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $70
Subdivision Ingham Pt
MLS Listing ID 5094212
Bedrooms 5
Full Baths 3
HOA Y/N No
Abv Grd Liv Area 2,500
Year Built 1924
Annual Tax Amount $3,023
Tax Year 2023
Lot Size 4,321 Sqft
Acres 0.0992
Property Description
* * * MULTIPLE COMPETITIVE OFFERS RECEIVED * * * Highest and best offers due by Monday at 5:00 PM EST with a decision expected to be made on Tuesday.
Well maintained, fully occupied, cash flowing duplex in the desirable Old Brooklyn neighborhood of Cleveland. Enjoy the benefits and low property taxes that come with City of Cleveland while simultaneously investing in an excellent and rapidly developing neighborhood. The upper unit is leased to a long term tenant for $1,000/month (market rents are ~$1,200/month), and the lower unit is leased for $1,100/month. Property is sub-metered for electric and gas. Landlord only pays water / sewer. This low maintenance turnkey property is the perfect portfolio builder for investors who are looking to sit back and collect the rent checks. No seller financing. No wholesalers. Offers with assignment clauses will be rejected. See broker remarks or email broker for a video walk through of the property. Available on it's own, or in a package deal with 3609 Riverside Avenue.
Well maintained, fully occupied, cash flowing duplex in the desirable Old Brooklyn neighborhood of Cleveland. Enjoy the benefits and low property taxes that come with City of Cleveland while simultaneously investing in an excellent and rapidly developing neighborhood. The upper unit is leased to a long term tenant for $1,000/month (market rents are ~$1,200/month), and the lower unit is leased for $1,100/month. Property is sub-metered for electric and gas. Landlord only pays water / sewer. This low maintenance turnkey property is the perfect portfolio builder for investors who are looking to sit back and collect the rent checks. No seller financing. No wholesalers. Offers with assignment clauses will be rejected. See broker remarks or email broker for a video walk through of the property. Available on it's own, or in a package deal with 3609 Riverside Avenue.
Location
State OH
County Cuyahoga
Rooms
Basement Unfinished
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Parking Features Off Street
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 011-05-131
Read Less Info
Listed by C. Timothy Murphy III • CTM Organization LLC • 440-941-3846 tim@tim-murphy.org
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Dawn Semancik
Team Leader | License ID: SAL.2016005292
Team Leader License ID: SAL.2016005292
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