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$159,900
Est. payment /mo
5 Beds
3 Baths
2,955 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,955 sqft
Price per Sqft $54
Subdivision Johnson Farms
MLS Listing ID 5220846
Bedrooms 5
Full Baths 3
HOA Y/N No
Abv Grd Liv Area 2,955
Year Built 1920
Annual Tax Amount $1,843
Tax Year 2025
Lot Size 5,558 Sqft
Acres 0.1276
Property Sub-Type Duplex
Property Description
Investors this is the opportunity you've been waiting for!
If you're looking to add a performing asset to your portfolio with minimal upfront work, this property deserves your attention.
The upstairs unit was recently updated prior to being leased, while the downstairs unit has been well maintained by the current tenant. There is an opportunity to add value by updating the downstairs bathroom.
The property's siding is in good condition, and the mechanical systems are functioning properly. An additional upside is the potential to complete the unfinished third unit in the upper level with the primary remaining scope being the plumbing installation. This could also be counted as additional living space connected to the upstairs unit then making it a 3 bed 2 bath.
CMHA pays up to $1,130 for a one bedroom, up to $1,367 for a 2 bedroom and up to $1,762 for a 3 bedroom in this zip code.
Hot water tank ages: 2011 & 2019
The photos in the listing are of the upstairs unit. Please text Alexis for additional videos of the downstairs unit, third floor, basement, and exterior. To respect the privacy of the tenants, in-person tours of the occupied units will be scheduled with an accepted offer. Rent roll available upon request.
If you're looking to add a performing asset to your portfolio with minimal upfront work, this property deserves your attention.
The upstairs unit was recently updated prior to being leased, while the downstairs unit has been well maintained by the current tenant. There is an opportunity to add value by updating the downstairs bathroom.
The property's siding is in good condition, and the mechanical systems are functioning properly. An additional upside is the potential to complete the unfinished third unit in the upper level with the primary remaining scope being the plumbing installation. This could also be counted as additional living space connected to the upstairs unit then making it a 3 bed 2 bath.
CMHA pays up to $1,130 for a one bedroom, up to $1,367 for a 2 bedroom and up to $1,762 for a 3 bedroom in this zip code.
Hot water tank ages: 2011 & 2019
The photos in the listing are of the upstairs unit. Please text Alexis for additional videos of the downstairs unit, third floor, basement, and exterior. To respect the privacy of the tenants, in-person tours of the occupied units will be scheduled with an accepted offer. Rent roll available upon request.
Location
State OH
County Cuyahoga
Rooms
Basement Unfinished
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Parking Features Driveway
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 130-01-029
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Alexis Thorpe • Keller Williams Living • alexistherea@gmail.com, 216-543-2083
Nearby Locations
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