3401 Roanoke Avenue
Property Description
Fantastic opportunity for investors looking to expand their portfolio with a fully occupied, income-producing duplex in Cleveland's desirable Old Brooklyn neighborhood! This property offers immediate rental income, established tenants, & long-term investment potential. Each unit features 2 spacious bedrooms, 1 full bathroom, a bright & inviting living room, a functional kitchen, & an adjoining dining room, providing comfortable living spaces for tenants. Both units feature LVP flooring throughout the living rooms, dining rooms, kitchens, & bedrooms, offering a modern appearance & easy maintenance. The full basement provides additional storage & potential for future value-add improvements, while the detached 2-car garage adds convenience & functionality. This duplex is fully occupied by established tenants who have resided in the property since 2023, offering a stable rental history. The upper unit currently rents for $800/month, while the lower unit generates $950/month, bringing the combined rental income to $1,750/month. Both tenants are on month-to-month leases, providing flexibility for future rental adjustments & investment strategies. Additional highlights include lead clearance, a furnace installed in 2024, a second furnace from 2006, & a hot water tank from 2023. Conveniently situated in Cleveland's Old Brooklyn neighborhood, the property offers easy access to MetroHealth Main Campus, Cleveland Metroparks Zoo, major roadways, public transportation, shopping, schools, parks, restaurants, & everyday 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 strengthen an existing rental portfolio or secure an income-producing property with future upside potential, this fully occupied duplex presents an excellent opportunity! Schedule your showing! 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: | $139,900 |
| Year Built: | 1890 |
| Lot Size: | 1,405.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 2 |
ID: 3yd-NEOHREXOH-5253951
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