Great investment property. This duplex is move in ready. Half occupied, the unit is receiving $1,250 a month. The other unit is vacant and is expected to bring another $1,250 which would be a combined total of $2,500 monthly. The property has a two new furnace and two new hot water tanks as of 2025. These estimates are conservative since CMHA will pay $1,683 for a 3 bedroom unit. That would bring monthly rent to $3,366 potentially or $40,392 annually. The exterior has been painted and all lead issue eliminated. Just add this to your portfolio, place tenants and collect rent. Huge Income potential. The seller would prefer to sell the property AS-IS. Come and check it out today!! Down Unit is Currently Tenant occupied. No showings without an accepted offer. Only show 2nd floor and common areas at this time.
Listed By
Agency Name: Russell Real Estate Services
Agency Contact: mashume86@gmail.com, 440-821-4826
Shown By
Agency Title: KIKO Real Estate
Agency Phone: (800) 533-5456
Estimated Payment
$ 561.68 per month $389.47 Principal & Interest $121.17 Property Tax $51.04 Homeowner's Insurance
1000 Eddy Road | MLS# 5187987
This multi-family property located at 1000 Eddy Road, Cleveland, OH 44108 is currently listed for sale with an asking price of $175,000. Eddy Road is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.kikorealestate.com today.