1236 E 61st ST new Save Request In-Person Tour Request Virtual Tour
Cleveland,OH 44103
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,574 sqft
Price per Sqft $41
Subdivision Helbig
MLS Listing ID 5102405
Bedrooms 5
Full Baths 2
Construction Status Fixer,Updated/Remodeled
HOA Y/N No
Abv Grd Liv Area 2,037
Year Built 1880
Annual Tax Amount $1,288
Tax Year 2023
Lot Size 7,239 Sqft
Acres 0.1662
Property Sub-Type Duplex
Property Description
Updated Duplex with Strong Income Potential – 1238 East 61st
Calling all investors and owner-occupants—this spacious 5-bedroom, 2-bathroom duplex is a fantastic opportunity with built-in rental income and future earning potential!
The first-floor unit has been updated, featuring a modernized kitchen, renovated bathroom, and new flooring throughout, making it move-in ready for tenants or an owner-occupant. Additionally, updated mechanicals ensure long-term efficiency and reliability. The exterior is scheduled to be painted (weather permitting), further enhancing curb appeal.
The upstairs unit is currently rented month-to-month at $500 during updates, providing immediate income. Once fully optimized, the first-floor unit has a rental potential of $900/month, while the second-floor unit could generate up to $1,500/month, making this an excellent cash-flowing asset.
Located in a convenient area near shopping, dining, and public transportation, this duplex is perfect for an investor looking to maximize rental income or a homeowner seeking to live in one unit while renting out the other.
Don't miss out on this income-producing opportunity—schedule your showing today!
Location
State OH
County Cuyahoga
Rooms
Basement Full
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Parking Features Detached,Garage
Garage Spaces 2.0
Garage Description 2.0
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Construction Status Fixer,Updated/Remodeled
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 104-15-108
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional