Description
Large duplex to make your home or add to your portfolio.. Check out this 2,000+ square foot duplex located in the West Boulevard neighborhood. Just south of Cleveland's highly desirable City of Lakewood and minutes to Ohio City , Detroit Shoreway and Cleveland's downtown areas.. Rent out or live in! This is perfect entry point for investors or owner occupants.. This duplex features 3 bedrooms and 2 baths up w/ usable finished 3rd floor for a 2 floor 3 bed/ 2 bath unit up. On Main floor we have a 2 bedrooms and 1 bathroom. Current Income: Up Unit at $750/month ( Market rent is $1,300 w/ garage) Down Unit $900/month for a total of $1,650 month. Market rents for up 3 bed w/ 2 bath w/ garage - 1,300 & down 900 for large 2 bed w/ garage spot. ProForma Rent = 2,200 Month Taxes $3,052, Insurance $1,445, Water/Sewer ~ $110 Tenants pay Gas/Electric I included a list of 2022 improvements that include Two new Hot Water Tanks installed (Jan 23'), Updated Kitchen cabinets (Nov 22') and many more items. Auditor site shows 4 number of bedrooms, but the owner indicates 5 number of bedrooms. Grab this cash flowing duplex today!
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5BEDS
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0.1ACRES
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3BATHS
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01/2 BATHS
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3,109SQFT
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$58$/SQFT
Listing information © 2024 YES-MLS.
Description
Large duplex to make your home or add to your portfolio.. Check out this 2,000+ square foot duplex located in the West Boulevard neighborhood. Just south of Cleveland's highly desirable City of Lakewood and minutes to Ohio City , Detroit Shoreway and Cleveland's downtown areas.. Rent out or live in! This is perfect entry point for investors or owner occupants.. This duplex features 3 bedrooms and 2 baths up w/ usable finished 3rd floor for a 2 floor 3 bed/ 2 bath unit up. On Main floor we have a 2 bedrooms and 1 bathroom. Current Income: Up Unit at $750/month ( Market rent is $1,300 w/ garage) Down Unit $900/month for a total of $1,650 month. Market rents for up 3 bed w/ 2 bath w/ garage - 1,300 & down 900 for large 2 bed w/ garage spot. ProForma Rent = 2,200 Month Taxes $3,052, Insurance $1,445, Water/Sewer ~ $110 Tenants pay Gas/Electric I included a list of 2022 improvements that include Two new Hot Water Tanks installed (Jan 23'), Updated Kitchen cabinets (Nov 22') and many more items. Auditor site shows 4 number of bedrooms, but the owner indicates 5 number of bedrooms. Grab this cash flowing duplex today!
Listing information © 2024 YES-MLS. All rights reserved.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than The Socher Team | Keller Williams Greater Metropolitan are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2024-09-15T00:07:43.543.