3438 W 98th Street
Property Description
ATTENTION INVESTORS & OWNER-OCCUPIED BUYERS! Rare opportunity to own a spacious West Side (aluminum sided) duplex offering two 3-bedroom, 1-bath units, immediate rental income/excellent upside. Second-floor unit is occupied by a quality tenant who would like to remain, while the first-floor unit is vacant, rent-ready & easy to show-making this an ideal opportunity for an owner occupant or investor looking to build a performing portfolio. Each unit offers a spacious, light-filled floor plan w/3 bedrooms, maximizing rental potential. Recent improvements include fresh interior & exterior paint, newer LVP flooring, updated furnaces, updated electrical breaker panels & two H2O tanks replaced in 2023. Dimensional roof appears solid, providing additional peace of mind. Property also features a partially fenced yard, desirable 2-car garage plus investor-friendly location w/strong rental demand & Section 8 potential if desired. Current second-floor tenant is paying $850/month, which is below current market rents, providing immediate income & significant upside. Similar 3-bedroom units in the area are reportedly renting in the $1,250-$1,350/month range, w/owner typically responsible for water/sewer/trash, estimated at approximately $85-$100 per month per unit. Live in the first floor & let the second floor help pay your mortgage, or rent both units to maximize income. Excellent way to get started in real estate investing or add another income-producing property to your portfolio. First floor is available for easy showings. Second-floor unit may be viewed after an accepted offer; recent photos and floor plan are available. Rare 3-bedroom duplex floorplan. No wholesaler/owner financing.
Broker Details
Coldwell Banker Schmidt Realty (440) 572-0220
MLS ID: 426983 State License Number: 426983
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $209,000 |
| Year Built: | 1905 |
| Lot Size: | 2,830.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 6 |
| Number of Bathrooms: | 2 |
ID: 3yd-NEOHREXOH-5251063
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