Great investment property. This duplex is move in ready. Half occupied, the unit is receiving $1,250 a month. The other unit is vacant and is expected to bring another $1,250 which would be a combined total of $2,500 monthly. The property has a two new furnace and two new hot water tanks as of 2025. These estimates are conservative since CMHA will pay $1,683 for a 3 bedroom unit. That would bring monthly rent to $3,366 potentially or $40,392 annually. The exterior has been painted and all lead issue eliminated. Just add this to your portfolio, place tenants and collect rent. Huge Income potential. The seller would prefer to sell the property AS-IS. Come and check it out today!!Please no wholesalers or assignment of contracts. The seller will not entertain owner financing. Property to be sold AS-IS, seller does not have the ability to make any more repairs. All due diligence and walkthroughs to be done prior to an offer being submitted.Down Unit is Currently Tenant occupied. No showings without an accepted offer. Only show 2nd floor and common areas at this time.
Property Information
Address1000 Eddy Road
CityCleveland
StateOH
Zip Code44108
Price$175,000
Property TypeResidential Income
Listing TypeDuplex
Bedrooms6
Bathrooms2
Area4,037 Sq Ft
Location
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