3266 E 123rd Street
Property Description
Calling all investors and future owner-occupants! Whether you're looking to add an income-producing property to your portfolio or take advantage of an incredible house-hacking opportunity, this well-maintained Cleveland duplex offers flexibility, value, and immediate rental income. Currently generating $1,700 per month in total rent, paired with attractively low property taxes, this is an opportunity worth a closer look. Each unit offers 2 bedrooms and 1 full bath, spacious living areas, beautiful hardwood flooring, and its own enclosed porch and rear porches, providing additional usable space and privacy. The lower unit has been refreshed with fresh paint and a recently renovated bathroom, while multiple entrances throughout the property add convenience for both occupants. Major improvements make this property even more appealing, including two BRAND NEW furnaces and hot water tanks for both unit, providing peace of mind for the next owner. The basement provides shared laundry and additional storage, while the detached 2-car garage offers even more storage. The attic is also unfinished, which provides great opportunity to create an additional space! Outside, a nice backyard provides additional space to enjoy. Located in Cleveland's Mount Pleasant neighborhood, the property offers convenient access to major roadways, shopping, everyday amenities and nearby green space. With two separate units, existing rental income, low taxes and significant mechanical updates already completed, 3266 E 123rd Street is an ideal opportunity for a first-time investor, seasoned portfolio owner, or buyer looking to live in one unit while the other helps offset their housing expenses. Well maintained and ready for its next owner!
Broker Details
Platinum Real Estate Professionals, LLC (440) 942-2100
MLS ID: 2021002605 State License Number: 2021002605
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $120,000 |
| Year Built: | 1920 |
| Lot Size: | 2,072.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 2 |
ID: 3yd-NEOHREXOH-5250369
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