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East Cleveland,OH 44112
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision G F Otts
MLS Listing ID 5093496
Bedrooms 6
Full Baths 3
Year Built 1919
Annual Tax Amount $1,047
Tax Year 2023
Lot Size 4,120 Sqft
Property Description
Located in the thriving 44112 area of Cleveland, this 6-bedroom, 3-bath duplex presents a fantastic investment opportunity for those looking to maximize rental income and long-term value. The property requires some renovations but offers great earning potential once updated, making it an ideal project for an investor with vision.
The duplex features two spacious units, one with 2 bedrooms and 1 baths, the other with 4 bedrooms and 2 bathrooms, providing ample living space for tenants. With the right renovations, including cosmetic updates to the kitchen, bathrooms, and flooring, this property can easily attract high-quality renters in this growing Cleveland neighborhood.
In addition to the duplex itself, this investment includes two additional lots that are available for purchase. These lots present an excellent opportunity for property expansion, whether you choose to build more units, develop additional parking, or create outdoor amenities for tenants. This added space greatly enhances the property's potential for future growth and increased rental income.
The location is ideal, with easy access to major highways, public transportation, schools, parks, and local shops. The 44112 area is undergoing positive change, with rising demand for rental properties, making this duplex a solid choice for investors looking to capitalize on Cleveland's revitalization.
Whether you choose to hold and rent or renovate and sell, this property offers a significant return on investment. With the additional land for expansion, you're positioned to unlock even more value in the years to come. Don't miss out on this rare opportunity in a rapidly developing area!
Location
State OH
County Cuyahoga
Interior
Heating Forced Air
Cooling None
Exterior
Parking Features Driveway
Roof Type Asphalt
Building
Sewer Public Sewer
Water Public
Schools
School District East Cleveland Csd - 1812
Others
Special Listing Condition Standard