3684 E 106th Street

Description

A recently renovated duplex positioned for stable rental demand and reduced capital expenses with a finished attic that being used as a third unit paying $400 a month. Fully occupied with three tenants and cash flowing $2000 a month in rents. Located on Cleveland's southeast side, the property sits in a residential neighborhood with convenient access to public transportation, major roadways, and everyday amenities. The location is well-suited for tenants working throughout the city, with Downtown Cleveland approximately 15 minutes away, the Cleveland Clinic main campus about 10-12 minutes away, and Cleveland Hopkins International Airport roughly 20-25 minutes away. Proximity to one of the region's largest employment hubs helps support consistent tenant demand. Significant renovations have already been completed, allowing the next owner to focus on operations rather than major repairs. Recent improvements include: new vinyl flooring throughout all units, two new water heaters, two new HVAC heaters, new interior and exterior paint, new landscaping, finished attic and finished basement, adding usable space, new electrical wiring throughout, new kitchen sinks in all 3 units and new appliances including refrigerators and gas stoves.