1700 Wayside Road
Property Description
Welcome to 1700 Wayside Rd, Cleveland, a 2,544 sq ft duplex offering an appealing opportunity for investors seeking an income-producing property with established tenancy. The upper and lower units each feature 3 bedrooms and 1 full bath, providing a desirable and functional unit configuration. Both units are occupied by long-term tenants on month-to-month leases, offering immediate rental income and flexibility for future ownership strategies. Each unit features a spacious living room, formal dining room, kitchen, three bedrooms, and a full bath. The upper unit adds character with built-in leaded-glass cabinetry in the dining room. The full unfinished basement provides laundry facilities and additional storage for both units. A welcoming front porch and upper-level balcony offer outdoor space, while the large rear parking pad provides convenient off-street parking. With two separate residential units, established tenancy, flexible lease terms, and recent improvements, this property presents a compelling opportunity for investors looking to add to their portfolio or build long-term value! Current rents are below market value and has the potential for higher rental income.
Broker Details
Greater Cleveland (216) 839-5500
MLS ID: 237938 State License Number: 237938
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $124,900 |
| Year Built: | 1922 |
| Lot Size: | 3,800.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 6 |
| Number of Bathrooms: | 2 |
ID: 3yd-NEOHREXOH-5239055
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