Description
Well maintained, cash flowing duplex in Shaker Heights. Lower unit is occupied with a long term tenant who is now on month to month terms. Rent is $900/month, though market rents appear to be $1,100/month. The upper unit was vacated at the send of September by a tenant who had previously lived there for several years. Last rent amount was $1,100/month, though market rents should be $1,500 or more. Upper unit consists of the second floor and the fully finished third floor, with 4 bedrooms and 2 full bathrooms. There's approximately ~500 square feet of living space not reflected in public records. The property has a list of POS violations, which are fairly numerous but mostly minor repairs to make. Sellers prefer offers that assume outstanding POS violations but will entertain otherwise strong offers which require POS compliance before title transfer. No wholesalers. Offers with assignment clauses will be rejected. Click virtual tour or email broker for a video walk through of the property.
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6BEDS
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0.12ACRES
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3BATHS
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01/2 BATHS
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2,778SQFT
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$0$/SQFT
Listing information © 2024 YES-MLS.
Description
Well maintained, cash flowing duplex in Shaker Heights. Lower unit is occupied with a long term tenant who is now on month to month terms. Rent is $900/month, though market rents appear to be $1,100/month. The upper unit was vacated at the send of September by a tenant who had previously lived there for several years. Last rent amount was $1,100/month, though market rents should be $1,500 or more. Upper unit consists of the second floor and the fully finished third floor, with 4 bedrooms and 2 full bathrooms. There's approximately ~500 square feet of living space not reflected in public records. The property has a list of POS violations, which are fairly numerous but mostly minor repairs to make. Sellers prefer offers that assume outstanding POS violations but will entertain otherwise strong offers which require POS compliance before title transfer. No wholesalers. Offers with assignment clauses will be rejected. Click virtual tour or email broker for a video walk through of the property.
Listing information © 2024 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 2024-12-04T14:08:33.317.