1476 W 107th Street
Property Description
Expand your portfolio with this fully occupied duplex located in Cleveland! Featuring spacious unit layouts, established tenancy, a new roof, and a detached two-car garage, this property presents an appealing opportunity for investors seeking rental income from day one. The lower unit features four bedrooms and two bathrooms, offering a generous layout with plenty of living space. The upper unit includes two bedrooms and one bathroom. Both units feature spacious living rooms and functional kitchens with adjoining dining rooms. The basement offers additional storage and potential for future value-add improvements, plus a detached two-car garage. The lower unit rents for $1,320/mo on a month-to-month lease, with a long-term tenant who has occupied the unit for approximately 3.5 years. The upper unit rents for $995/mo, with a lease in place through June 30, 2027. Improvements include a new roof two, newer hot water tanks, one newer furnace, two newer electrical panels, and recently completed lead-safe repairs. Lead clearance was previously completed approximately one year ago. Conveniently located in Cleveland, the property offers easy access to I-90 and the West Blvd-Cudell Station, providing connections to downtown Cleveland and surrounding destinations. Edgewater Beach offers a nearby option for lakefront recreation, while proximity to MetroHealth's Main Campus, shopping, restaurants, schools, parks, and public transportation adds everyday convenience. Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors! With established rental income, versatile living spaces, and recent improvements, this duplex deserves a closer look. Don't miss the opportunity to make it the next addition to your investment portfolio! 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: | $215,000 |
| Year Built: | 1915 |
| Lot Size: | 1,944.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 5 |
| Number of Bathrooms: | 3 |
ID: 3yd-NEOHREXOH-5259983
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