7408 Dudley Avenue
Property Description
This income-producing duplex presents an excellent opportunity for investors seeking a fully occupied in a convenient west side location! Each unit offers 2 bedrooms and 1 bathroom, featuring spacious living rooms, functional kitchens with adjoining dining areas, and comfortable layouts designed to attract and retain long-term tenants. The property also includes a basement, providing valuable storage space and additional utility for occupants. Numerous updates have already been completed, including vinyl windows, luxury vinyl plank flooring throughout both units, updated kitchens with modern shaker-style cabinetry, renovated bathrooms, updated light fixtures, and new plumbing fixtures throughout. These improvements help minimize future maintenance while enhancing tenant appeal. The property features wood siding construction and separate hot water tanks for added functionality. The duplex is currently fully occupied, providing immediate cash flow. The upper unit rents for $900 per month on a 12-month lease through 02/28/2027, while the lower unit rents for $850 per month on a 12-month lease through 01/31/2027, offering stable rental income and lease security for the new owner. Ideally located in Cleveland's west side, 7408 Dudley Ave offers quick access to I-90, making commuting throughout the Greater Cleveland area convenient. Residents are just minutes from Edgewater Beach and Edgewater Park, along with nearby shopping, restaurants, public transportation, schools, parks, and everyday amenities, making this a desirable location for tenants and investors alike. Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors! Don't miss the opportunity to secure a stable rental income and long-term upside with this Cleveland investment opportunity. Schedule you showing now! 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: | Pending Sale |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $165,000 |
| Year Built: | 1928 |
| Lot Size: | 1,749.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 2 |
ID: 3yd-NEOHREXOH-5219015
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Essex Property Trust, Inc.
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Bob Tuteur
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