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12500 Soika Avenue

Cleveland, OH 44120
  • $75,000
  • STATUS: Contingent
  • ON SITE: 124 Days
  • MLS #: 5010598
Under Contract
UPDATED: 131 min ago
$75,000
  • 4
    BEDS
  • 0.11
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,980
    SQFT
  • $38
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1925
County:
Area:

School Ratings & Info

School District:
Listing courtesy of Keller Williams Citywide.
Listing information © 2024 YES-MLS.

Description

Calling all investors! This duplex features 2 units that are vacant and rent ready and located just 4 minutes from Shaker Square! This property offers an incredible opportunity for both savvy investors and those looking for an opportunity to house hack and build their portfolio. Each unit features 2 bed, 1 bath that could be occupied for at least $850/ mo for a total of $1700/mo or $20,400/ year. Section 8 would likely offer much more! The owner is responsible for water and sewer while the tenants can pay their own electric and gas. Current taxes are just $735/year making expenses extremely low and you cash flow extremely high. Updates include new carpet, new electric panels and new gas lines. Tenants will love the location thanks to the shopping and restaurants in the shaker square and Larchmere neighborhoods nearby. There is tons of local transportation and the Cleveland Clinic is less then 15 minutes away. Great opportunity for sec 8. Home offers great value add potential; Mostly just cosmetic, but will require 1 furnace, hot water tank and the 2 car garage could use some repair. Showings are easy. Please check broker remarks.

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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 2024-05-19T08:09:06.653.
www.findclevelandhomesforsale.com/homes/146656706
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12500 Soika Avenue Cleveland, OH 44120

  • Price: $75,000
  • Status: Contingent
  • On Site: 124 Days
  • Updated: 131 min ago
  • MLS #: 5010598
4
Beds
2
Baths
0
½ Baths
0.11
Acres
1,980
SQFT
$38
$/SQFT
1925
Built
Neighborhood:
Parkhill Sub 2
County:
Cuyahoga
Area:
Cleveland
School District:
Cleveland Municipal
Property Description
Calling all investors! This duplex features 2 units that are vacant and rent ready and located just 4 minutes from Shaker Square! This property offers an incredible opportunity for both savvy investors and those looking for an opportunity to house hack and build their portfolio. Each unit features 2 bed, 1 bath that could be occupied for at least $850/ mo for a total of $1700/mo or $20,400/ year. Section 8 would likely offer much more! The owner is responsible for water and sewer while the tenants can pay their own electric and gas. Current taxes are just $735/year making expenses extremely low and you cash flow extremely high. Updates include new carpet, new electric panels and new gas lines. Tenants will love the location thanks to the shopping and restaurants in the shaker square and Larchmere neighborhoods nearby. There is tons of local transportation and the Cleveland Clinic is less then 15 minutes away. Great opportunity for sec 8. Home offers great value add potential; Mostly just cosmetic, but will require 1 furnace, hot water tank and the 2 car garage could use some repair. Showings are easy. Please check broker remarks.
Exterior Features

Attached Garage YN No Carport YN No Construction Materials Frame Garage YN Yes Levels Two Parking Features Other Roof Asphalt Waterfront YN No

Interior Features

Basement Finished Basement YN Yes Cooling None Cooling YN No Heating Forced Air Heating YN Yes Main Level Bathrooms 0

Property Features

Above Grade Finished Area 1980 Elementary School District Cleveland Municipal - 1809 Home Warranty YN No Listing Terms Cash Conventional Item1031 Exchange VALoan Middle Or Junior School District Cleveland Municipal - 1809 Property Sub Type Duplex Sewer Public Sewer Tax Annual Amount 735.68 Township Other Township Water Source Public

Listing information © 2024 YES-MLS.
Listing provided courtesy of Keller Williams Citywide: 440-892-2211.
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 2024-05-19T08:09:06.653.
 
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The Socher Team | Keller Williams Greater Metropolitan
29225 Chagrin Blvd.
Beachwood OH, 44122
Listing courtesy of Keller Williams Citywide.
Listing information © 2024 YES-MLS.