Excellent investment opportunity on Cleveland's west side! This renovated duplex offers two spacious units, each featuring 2 bedrooms and 1 full bathroom. The property has undergone extensive improvements, including a new roof, updated plumbing, new furnaces and ductwork, and updated framing and drywall, providing peace of mind for the next owner. The downstairs unit is currently occupied at $895 per month, with a lease running through November 30, 2027. The upstairs unit is vacant and ready for a new tenant or owner-occupant, with a similar estimated market rent of $895 per month. At full occupancy, the property offers a projected gross rental income of $1,790 per month, or $21,480 annually. Whether you're looking to expand your rental portfolio or live in one unit while generating income from the other, this updated duplex offers a fantastic opportunity on Cleveland's west side!
Property Information
Address4718 Gedeon Avenue
CityCleveland
StateOH
Zip Code44102
Price$170,000
Property TypeResidential Income
Listing TypeDuplex
Bedrooms4
Bathrooms2
Area1,561 Sq Ft
Location
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