Description
$3440 in potential rent would make this duplex a 20% Cap!!! Fully occupied, month to month tenants. Unfinished 3rd floor for even more income! Close to the newly renovated MetroHealth Campus! Minutes from the many amenities of downtown Cleveland, Tremont & Ohio City! Month to month tenants, well below market rent. Market Rent for the area is approximately $1200-$1250 per month per unit ($2400-$2500/mo). CMHA Rental Rate for 3 Bedrooms in 44109 is $1720/mo. which would generate potentially $3440/mo. in government subsidized rental income! Unique property layout featuring 3 bedrooms in each unit. 3 Bed / 1 Bath - Upstairs Unit. 3 Bed / 2 Bath - Downstairs Unit. Don't miss the opportunity to add this property to your portfolio!
-
6BEDS
-
0.09ACRES
-
3BATHS
-
01/2 BATHS
-
1,864SQFT
-
$91$/SQFT
Listing information © 2024 YES-MLS.
Description
$3440 in potential rent would make this duplex a 20% Cap!!! Fully occupied, month to month tenants. Unfinished 3rd floor for even more income! Close to the newly renovated MetroHealth Campus! Minutes from the many amenities of downtown Cleveland, Tremont & Ohio City! Month to month tenants, well below market rent. Market Rent for the area is approximately $1200-$1250 per month per unit ($2400-$2500/mo). CMHA Rental Rate for 3 Bedrooms in 44109 is $1720/mo. which would generate potentially $3440/mo. in government subsidized rental income! Unique property layout featuring 3 bedrooms in each unit. 3 Bed / 1 Bath - Upstairs Unit. 3 Bed / 2 Bath - Downstairs Unit. Don't miss the opportunity to add this property to your portfolio!
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 2024-09-09T14:07:51.187.