Turnkey Duplex - Fully Occupied, Long-Term Tenants, Strong Cash Flow A fully occupied duplex with a renovated upper unit and a 20-year tenant in the lower unit. Stable, proven income from day one. Upper unit: 3 bed, dual-level, fully renovated. Rents for 1,250/mo Lower unit: 2 bed, occupied by the same tenant for 20 years. Rents for 950/mo, with upside on renewal Combined rent: 2,200/mo (26,400/yr gross) Private-pay tenants: Tenants pay all utilities 2-car garage Lead-safe certified Recent updates: New siding, windows, and flooring Mechanicals: Water heaters about 4 years old, furnaces about 10 years old A low-maintenance, income-producing asset with no immediate capital expenses. Ideal for investors looking to add a stabilized property to their portfolio. Proof of funds required prior to showing. Tenant notice needed for all showings.
Listed By
Agency Name: Chosen Real Estate Group
Agency Contact: 330-249-3499, office@chosenrealtyco.com
Shown By
Agent Name: Melissa Kurtz
Agent Phone: (330) 350-6521
Agency Title: M.C. Real Estate
Estimated Payment
$ 752.68 per month $378.12 Principal & Interest $325.00 Property Tax $49.55 Homeowner's Insurance
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15814 Parkgrove Avenue | MLS# 5250062
This multi-family property located at 15814 Parkgrove Avenue, Cleveland, OH 44110 is currently listed for sale with an asking price of $169,900. Parkgrove Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on mkurtz.mcrealestateohio.com today.