For Sale Duplex

12811 Austin Avenue, Cleveland, OH

12811 Austin Avenue, Cleveland, OH, 44108

Property Details

4 Bedrooms

2 Bathrooms

Duplex

Description

Fully occupied two-family property featuring a total of 4 bedrooms and 2 bathrooms. Both units are rented to long-term, reliable tenants on month-to-month leases, providing immediate cash flow with room to increase rental income (current medium value $1,140, market potential up to $1,813). Located in a stable rental area, this property offers tons of opportunity for investors seeking to expand their portfolio with a proven income-producing asset. Hot water tank is 4 years old and the furnace is 7 years old. The rood was replaced 3 years ago. Strong rental demand and flexible lease terms make this a smart buy-and-hold or value-add opportunity!