3812 Archwood Avenue
Property Description
Priced to sell! This well-maintained, fully updated duplex in the historic Brooklyn Centre neighborhood offers an outstanding opportunity for investors and owner-occupants alike. Whether you're looking to expand your investment portfolio or offset your mortgage by living in one unit while renting the other, this property is ready to perform. The home is Section 8 approved, with the lower unit currently occupied, providing immediate rental income, while the upper unit is vacant and move-in ready for a new tenant or owner-occupant. An inspection report and lead-based paint certification are available upon request, offering added confidence in the property's features. Major capital improvements have already been completed, including a new roof installed since 2023, along with extensive 2022 updates that include electrical, plumbing, HVAC systems, windows, and vinyl siding. Inside, each unit features a private entrance, in-suite laundry hookups (washer and dryer not included), spacious eat-in kitchens with center islands, generously sized living rooms, and durable Lifeproof luxury vinyl flooring throughout. Outside, you'll find a two-car detached garage, a generous driveway, and additional off-street parking. Located just minutes from the MetroHealth campus with its ongoing neighborhood transformation, the property also offers convenient access to downtown Cleveland, major hospital systems, shopping, schools, and highways. With the major updates already complete, this turnkey duplex combines immediate income potential with long-term value. Whether you're searching for your next investment property or a home that helps pay for itself, this is an opportunity you won't want to miss.
Broker Details
Greater Cleveland (216) 839-5500
MLS ID: 2021008584 State License Number: 2021008584
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $275,000 |
| Year Built: | 1885 |
| Lot Size: | 2,590.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 2 |
ID: 3yd-NEOHREXOH-5232836
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
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