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For Sale Duplex

4718 Gedeon Avenue, Cleveland, OH

4718 Gedeon Avenue, Cleveland, OH, 44102
$170,000

Property Details

4 Bedrooms
2 Bathrooms
1,561 Sq Ft
Duplex

Description

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

Address 4718 Gedeon Avenue
City Cleveland
State OH
Zip Code 44102
Price $170,000
Property Type Residential Income
Listing Type Duplex
Bedrooms 4
Bathrooms 2
Area 1,561 Sq Ft

Location

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