Turnkey investment opportunity CURRENTLY generating $33K in rents each year!!! This well-maintained multifamily duplex is the perfect addition to any investor’s portfolio. Both units are currently occupied with reliable Section 8 tenants, offering immediate and consistent cash flow. Each unit features 3 spacious bedrooms and 1 full bathroom, providing comfortable living space for tenants.The property has been updated and is in great condition, minimizing the need for immediate repairs or renovations. Current rental income is strong, with one unit generating $1,329/month and the other $1,415/month. This best the 1% Rule and provides more than a 10-CAP.Whether you're a seasoned investor or just getting started, this income-producing property is a solid, hassle-free opportunity you won’t want to miss!Can be sold as a package deal! (5200289), (5200292), (5200294)
Property Information
Address16304 Nela View Road
CityEast Cleveland
StateOH
Zip Code44112
Price$160,000
Property TypeResidential Income
Listing TypeDuplex
Bedrooms6
Bathrooms2
Area2,042 Sq Ft
Location
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