3341 E 119th Street

Description

This fully renovated duplex offers 6 bedrooms and 2 baths, about 2,400 sq ft, and sits in the highly desirable Shaker Heights neighborhood. A true turn-key investment, it delivers immediate cash flow with a proven rental history. The first-floor unit features 3 bedrooms and 1 bath and is leased at $1,200/month through May 31, 2026. The second-floor unit also consists of 3 bedrooms and 1 bath and is currently vacant (It was rented for $1200). Each unit is around 1200 sqft. Tenants pays utilities. This home is ideal for an owner-occupant or “house hack” opportunity where you live in one unit and rent the other. Renovated top to bottom, the home is built for low-maintenance ownership with separate washers and dryers for each unit, new furnaces (2025), new hot water heaters (2025), 15 years old roof. new plumbing, updated flooring and carpet throughout, fresh interior paint, and a brand-new kitchen with appliances. Full, Unfinished basement with walk in and walk-up access. With high cap rate, this is a high-performing income property you don’t want to miss. If you rent it through Section 8, you can expect approximately $3,200 in total monthly rent. Property taxes are only $1,300 per year total for both units. Buyer will receive seller concession