* * Hot Investment Opportunity: Cash-Flowing Section 8 Turnkey Duplex * * Attention Investors! Seize this incredible opportunity to own a cash-flowing, turnkey duplex located in one of the hottest investment zip codes. Priced at just $159,900, this property is a gem for any investor seeking strong returns and minimal hassle. * * Property Features: * * - * * Turnkey Ready: * * This duplex is fully occupied by Section 8 tenants. - * * High Rental Income: * * Enjoy total gross rents of $1,800 per month. - * * Low Operating Costs: * * Tenants pay all utilities except water, maximizing your net income. - * * Prime Location: * * Nestled in a sought-after area with high renta
This exceptional investment opportunity features two renovated duplexes on a single lot, providing a total of three, two-bedroom units and one 1-bedroom. Each unit comes fully furnished and equipped with modern appliances, allowing you to seamlessly continue operating it as a short and/or mid-term rental from day one. The property has consistently generated ~$100,000 in gross income annually, showcasing its profitability and high demand. Current cap rate is 10%. Situated in a prime location, this property is conveniently close to major freeways, Downtown Cleveland, Tremont, and The Cleveland Zoo. Whether guests are in town for business or leisure, they will appreciate the easy access to pop
Welcome to this rare opportunity in the heart of Cleveland's Historic Little Italy Neighborhood. This income generating Multi-Family home features Three 2 Bedroom 1 Bath units, all with spacious kitchens, bedrooms, on-site laundry in the basement and a recently added separate laundry area for the top unit. This highly desirable location is in close proximity to University Circle, Case Western Reserve University, University Hospitals, Cleveland Clinic, museums, wonderful restaurants, shopping, and so much more. RECENT UPDATES include: front roof replaced (2015), back roof replaced (2022), new water tanks in all units (2023), new water line and electric added for third unit to have own laundr
Turnkey single family rental under professional management generating $1300/mo. Many updates, see the photos. Newer carpet, almost-new furnace, updated kitchen, and 2 updated baths. Other features: spacious front porch, full unfinished basement with sump pump, newer hot water tank. Great location near freeway access, shopping, schools, just minutes to Downtown Cleveland and University Circle. Part of a portfolio package, 7 single family homes available at 435k, approximately $6k/mo gross rents for a CAP rate of about 15% including management costs! MLS #s included in the portfolio: 5024272, 5024239, 5024244, 5024246, 5024250, 5024251, 5024252
Feast your eyes on this delightful duplex in the heart of the Clark-Fulton neighborhood. This fully occupied duplex is already income generating and is waiting for the next owner. The CAP rate for this investment is 11.25% with even more room to grow! What a perfect addition to your current portfolio or what a way to start out your investment journey! Either way, you CANNOT loose! Don't let this CASH COW sneak away from you. Please reach out with additional questions or a personal tour.
Welcome savvy investors! This property presents a lucrative opportunity with a tenant in place, currently paying $1350 per month, covering all utilities including water/sewer (a $150/month value). Boasting excellent condition, minimal maintenance, insurance, and turnover costs, this property offers a compelling cap rate of 8-9% at the listing price. Showings post-accepted offer only to maintain tenant privacy
Located near the Agora and Cleveland Clinic main campus, This property is ready for tenants of your choosing. Cash flow is strong with market rents at or above $1800/mo total. previously rented at $850 & $800. The upstairs unit is 2 stories with 4 bedrooms and 1 bath. The lower unit has private access to the basement which makes both units feel like a townhome style. Updates include new furnaces, new hot water tanks, new carpet, paint, trim and a new roof, making all your big capx items already completely. Current taxes are only $769/ year! Assuming 8% property management, 5% maintenance and $700/year in insurance, your estimated NET income is over $15k/year offering the buyer a 17% c
This duplex is fully occupied by two long term tenants. OVER 15% CAP rate at list price! Gross rent is $1283 per month, including $794 automatically every month. Down unit has 2 bedrooms and 1 bath, up unit has 1 bedroom 1 bath. Great property in solid rental area. Single family home with the space/set up of a double. Steady rental income and tenants want to stay! Nearly 1700 sq ft. Close to shopping, parks, playgrounds, and major roadways. Seller will consider all offers, but prefers a cash deal.
Attention Investors! Current owner looking to liquidate. Amazing CAP Rate! - Don't miss out on this incredible opportunity! Fully updated and lawful triplex with Certificate of Occupancy issued March 2024 is Violation Free and located in a highly desirable area. .. A dream come true for Investors or an Owner Occupancy. The property was gut renovated and boasts all-new features, including new floors, new carpets, new tiling, new walls, new rough and new finish electrical (including new panel boxes and sub-panels in each unit), plumbing and 3 independent HVAC units, new kitchens and appliances, new bathrooms, new doors and more. All three units are rented out. The first floor unit features t