3217 Sycamore Road
Property Description
This spacious colonial-style duplex presents a compelling opportunity for investors seeking an income-producing property in Cleveland Heights. Offering over 3,000 sqft of living space, with each unit consisting of 5 beds & 1 bath. Both units are currently occupied on 12-month leases, the lower unit rents at $1,249/mo, meanwhile the upper unit rents at $1,211/mo. Inside, both units provide generous living space with a combination of original hardwood flooring, carpeting, LVP flooring. Original hardwood adds character throughout many of the living & dining areas, staircases, hallways, & bedrooms, including additional third-floor bedroom space. The kitchens feature durable LVP flooring, while the bathrooms include younger vanities & updated flooring. The property mechanics includes separated metered gas, electric service, separate water lines & individual water metering, PVC plumbing & a PVC cleanout, plus the hot water tank includes an expansion tank. Outside, the home features a classic wood-sided exterior along with a younger detached garage & younger overhead garage doors. Located in Cleveland Heights, residents enjoy convenient access to major roads, public transportation, shopping, restaurants, parks, schools, & everyday amenities. Plus convenient proximity to University Circle, Case Western Reserve University, Cleveland Clinic, University Hospitals, & Downtown Cleveland, while popular commercial districts such as Cedar Lee & Coventry Village add dining, shopping, & entertainment options nearby. (City of Cleveland Heights). Professional management in place & willing to stay on. Full service management with dedicated departments for leasing, marketing, tenant communication. Plus rehab & construction services available for remote investors! With steady income & outstanding features, this property offers investors an established rental asset with attractive income potential & room for future improvements! 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: | $199,000 |
| Year Built: | 1916 |
| Lot Size: | 3,271.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 10 |
| Number of Bathrooms: | 2 |
ID: 3yd-NEOHREXOH-5248250
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