Description
The best investment always starts with location! This duplex is located north of the highway in a neighborhood landlocked between 3 of Clevelands hottest neighborhoods -Lakewood, Detroit shoreway and old Brooklyn. Appreciation is inevitable. The lower unit is currently occupied at 850/mo and features 3 bedrooms plus a front room that can be used as another room. The upper unit is 3 beds and has been recently updated with fresh paint, lvp floors and more. The attic is only accessible from this unit and has the potential to be converted into another room (which means more income) Market rent is $1000/mo for each unit. Both furnaces are new. Gutters are new. HWT is new. Roof is newer. Garage floor was redone! The private driveway is located in the rear off the alley. Theres plenty of room to build another garage and add even more value! Appliances are landlord owned and transfer with the sale. Get the best of both worlds with a nearly turnkey investment that cashflows and you can still create equity in.
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6BEDS
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0.12ACRES
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2BATHS
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01/2 BATHS
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2,142SQFT
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$63$/SQFT
Listing information © 2023 YES-MLS.
Description
The best investment always starts with location! This duplex is located north of the highway in a neighborhood landlocked between 3 of Clevelands hottest neighborhoods -Lakewood, Detroit shoreway and old Brooklyn. Appreciation is inevitable. The lower unit is currently occupied at 850/mo and features 3 bedrooms plus a front room that can be used as another room. The upper unit is 3 beds and has been recently updated with fresh paint, lvp floors and more. The attic is only accessible from this unit and has the potential to be converted into another room (which means more income) Market rent is $1000/mo for each unit. Both furnaces are new. Gutters are new. HWT is new. Roof is newer. Garage floor was redone! The private driveway is located in the rear off the alley. Theres plenty of room to build another garage and add even more value! Appliances are landlord owned and transfer with the sale. Get the best of both worlds with a nearly turnkey investment that cashflows and you can still create equity in.
Listing information © 2023 YES-MLS. All rights reserved.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than The Jess Nader Team | REMAX CROSSROADS are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2023-03-30T00:08:08.877.