3359 E 65th Street
Property Description
Welcome to this versatile and income-producing duplex offering strong cash-flow potential for both investors and homebuyers alike! The spacious front unit features 5 beds and 1.5 baths across two levels, with two bedrooms on the main floor and three additional carpeted bedrooms upstairs. Recent updates include LVP flooring, newer vinyl windows, updated light fixtures, refreshed finishes, newer cabinetry, laminate countertops, updated bathroom fixtures, new vanity, and newer tub surround. The rear unit offers a comfortable 2 beds, 1 bath layout, creating an excellent additional income opportunity. Separate gas and electric meters allow both units to operate independently, ideal for maximizing rental efficiency. Major improvements include updated PVC plumbing main stack and drain lines, newer furnaces, younger water heaters, updated electrical panels, updated exterior 100 AMP meter bases, glass block basement windows, vinyl siding, vinyl windows, and a newer roof. The property also includes washer/dryer hookups, a detached 1-car garage, and functional outdoor space. The income potential is strong, with the front unit currently vacant and projected at approximately $2,000/mo in market rent, while the rear unit is tenant occupied at $1,085/mo, providing immediate income from day one. Conveniently located near Washington Reservation, Morgana Park, and Mill Creek Falls, with quick access to Downtown Cleveland. Near major highways, public transportation, schools, shopping centers, restaurants, parks, and more. Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors! Whether you're looking to expand your investment portfolio or live in one unit while offsetting your mortgage with rental income, this cash-flowing duplex offers space, flexibility, and long-term upside in a growing Cleveland market. No wholesalers. No Seller financing. No low ball offers.
Broker Details
RE/MAX Haven Realty (216) 332-0456
MLS ID: 2014004734 State License Number: 2014004734
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $189,000 |
| Year Built: | 1890 |
| Lot Size: | 2,016.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 7 |
| Number of Bathrooms: | 3 |
ID: 3yd-NEOHREXOH-5209027
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