Property
Beds
8
Full Baths
4
1/2 Baths
2
Year Built
1925
Sq.Footage
3,920
Rare opportunity to acquire a large, fully renovated side-by-side multifamily in a prime Cleveland Heights location directly across from Cain Park. This spacious property features two expansive units totaling 8 bedrooms and 6 bathrooms, offering strong rental demand and exceptional income potential. The property underwent a major renovation in 2020, including a complete interior rehabs, providing low-maintenance ownership and modernized living spaces. Currently tenant occupied with leases in place, generating $1,595 (subsidized) and $1,739 per month for a total gross monthly income of $3,334 ($40,008 annually). Roof was replaced circa 2019/2020 by previous ownership. Tenants pay gas and electric, while the owner covers water and sewer. Additional features include a three-car garage located on the side street, a highly desirable location in the heart of Cleveland Heights, and strong long-term rental stability. Point of Sale is substantially compliant with only one weather-related exterior item remaining. Seller will escrow funds for completion with an acceptable offer. Ideal for investors seeking a fully renovated, high-income asset in a premium location with long-term appreciation potential. Call your favorite agent today before this one is gone! DO NOT DISTURB CURRENT TENANTS.
Features & Amenities
Interior
-
Total Bedrooms
8
-
Bathrooms
4
-
1/2 Bathrooms
2
-
Above Grade Finished Area
3920.0
-
Basement YN
YES
-
Cooling YN
NO
-
Cooling
None
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
3
-
Construction Materials
Other
-
Parking
Detached, Garage, Paved
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Corner Lot
-
Lot Size(acres)
0.1733
-
Property Type
Residential Income
-
Property Sub Type
Duplex
Price
-
Sales Price
$350,000
-
Tax Amount
$5,962
-
Sq. Footage
3, 920
-
Price/SqFt
$89
HOA
-
Association
No
School District
-
Elementary School
Cleveland Hts-Univer - 1810
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
3
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Cuyahoga
Elementary School
Cleveland Hts-Univer - 1810
Middle School
High School
Listing Courtesy of Michael L Magno , Keller Williams Living
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