13414 Shaw Avenue
Property Description
This cash-flowing duplex presents a great opportunity for investors looking to expand their rental portfolio with an income-producing multifamily property. The lower unit features 2 bedrooms and 1 full bathroom, while the upper unit offers 3 bedrooms and 1 full bathroom, providing flexible layouts that appeal to a variety of tenants. Both units include spacious living rooms, functional kitchens with adjoining dining areas, and comfortable living spaces throughout. The full basement provides additional storage and offers potential for future value-add opportunities. A detached 2-car garage adds even more convenience and functionality to the property. The property is currently fully occupied, with the lower unit renting for $900 per month and the upper unit renting for $1,100 per month, generating a combined current rental income of $2,000 per month. Please note that both tenants are currently in the eviction process, giving the next owner the opportunity to reposition the property, complete any desired improvements, and secure new tenants at their preferred rental terms. Conveniently located in East Cleveland with easy access to I-90, the property is also near major roads, public transportation, shopping, schools, parks, restaurants, and other local amenities. 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 grow an existing portfolio or add another multifamily property to your investment strategy, this duplex offers strong potential and multiple opportunities for future income. 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: | $120,000 |
| Year Built: | 1920 |
| Lot Size: | 2,533.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 5 |
| Number of Bathrooms: | 2 |
ID: 3yd-NEOHREXOH-5238353
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