10121 Parkgate Avenue
Property Description
Fully occupied and income-producing duplex offering 6 bedrooms with potential to convert the third floor into an additional rental unit. Both existing apartments are currently rented for a combined $1975/month, with clean, reliable tenants who pay on time. Recent improvements include two new gas furnaces, LVP flooring throughout, updated plumbing, new vinyl windows on the 2nd floor, completed 25-year lead inspection, rental registration, and furnace certifications. Both units also feature basement laundry hookups with additional storage space for tenants. The first-floor unit offers 2 bedrooms and 1 full bath, featuring a spacious open living room flowing into the formal dining room, two generously sized bedrooms, and a full bath. This unit has been renovated with fresh paint, updated lighting, LVP flooring, a new gas furnace, updated plumbing, and more. The dining room light fixture shown in the photos has also been upgraded. The second-floor unit offers 3 bedrooms and 2 full bath with beautiful original hardwood woodwork throughout. Updates include new LVP flooring, gas furnace, plumbing, lighting, and fresh paint. The third floor has new flooring. This space presents an opportunity to add another rental unit and increase future income, subject to buyer verification and applicable requirements. Smoke-free property with strong rental history and excellent income potential.
Broker Details
Greater Cleveland (216) 839-5500
MLS ID: 2021001993 State License Number: 2021001993
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $155,300 |
| Year Built: | 1911 |
| Lot Size: | 2,753.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 5 |
| Number of Bathrooms: | 3 |
ID: 3yd-NEOHREXOH-5243885
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