2362 E 76th Street E
Property Description
Outstanding investment opportunity with strong cash-flow potential and excellent returns! This income-producing property includes a duplex and a single-family home, offering three rental units on one property. The duplex consists of a spacious 3-bedroom, 1-bath unit and a 2-bedroom, 1-bath unit. The separate single-family home features 2 bedrooms, 1 bath, and a bonus room that can be used as an office, playroom, or additional living space. All units have been updated and are move-in ready. The 3-bedroom unit has a voucher tenant for $1,1000 per month, the 2 bedroom unit has a voucher application pending for rent at $1000 per month, and the single-family home is rented with a voucher for $1165, allowing the new owner to begin generating rental income immediately. For added peace of mind, the property is Lead Safe Certified and registered with the City of Cleveland. Conveniently located near Cleveland Clinic Main Campus, Downtown Cleveland, major highways, and public transportation, this property offers strong rental demand and long-term investment potential. Whether you're looking to expand your portfolio or secure a turnkey income property, this is an opportunity you won't want to miss.Broker Details
Keller Williams Realty Greater Cleveland Northeast (440) 255-5500
MLS ID: 2021002542 State License Number: 2021002542
Key Property Information
| Listing Status: | Pending Sale |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $205,000 |
| Year Built: | 1900 |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 7 |
| Number of Bathrooms: | 3 |
ID: 3yd-NEOHREXOH-5214109
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
3428 Hennepin Avenue S
Minneapolis, Minnesota
Brokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout