Description
Large duplex to make your home or add to your portfolio.. Check out this 2,000+ square foot duplex located in the West Boulevard neighborhood. Just south of Cleveland's highly desirable City of Lakewood and minutes to Ohio City , Detroit Shoreway and Cleveland's downtown areas.. Rent out or live in! This is perfect entry point for investors or owner occupants.. This duplex features 3 bedrooms and 2 baths up w/ usable finished 3rd floor for a 2 floor 3 bed/ 2 bath unit up. On Main floor we have a 2 bedrooms and 1 bathroom. Current Income: Up Unit at $750/month ( Market rent is $1,300 w/ garage) Down Unit $900/month for a total of $1,650 month. Market rents for up 3 bed w/ 2 bath w/ garage - 1,300 & down 900 for large 2 bed w/ garage spot. ProForma Rent = 2,200 Month Taxes $3,052, Insurance $1,445, Water/Sewer ~ $110 Tenants pay Gas/Electric I included a list of 2022 improvements that include Two new Hot Water Tanks installed (Jan 23'), Updated Kitchen cabinets (Nov 22') and many more items. Auditor site shows 4 number of bedrooms, but the owner indicates 5 number of bedrooms. Grab this cash flowing duplex today!
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5BEDS
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0.1ACRES
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3BATHS
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01/2 BATHS
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3,109SQFT
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$58$/SQFT
Listing information © 2024 YES-MLS.
Description
Large duplex to make your home or add to your portfolio.. Check out this 2,000+ square foot duplex located in the West Boulevard neighborhood. Just south of Cleveland's highly desirable City of Lakewood and minutes to Ohio City , Detroit Shoreway and Cleveland's downtown areas.. Rent out or live in! This is perfect entry point for investors or owner occupants.. This duplex features 3 bedrooms and 2 baths up w/ usable finished 3rd floor for a 2 floor 3 bed/ 2 bath unit up. On Main floor we have a 2 bedrooms and 1 bathroom. Current Income: Up Unit at $750/month ( Market rent is $1,300 w/ garage) Down Unit $900/month for a total of $1,650 month. Market rents for up 3 bed w/ 2 bath w/ garage - 1,300 & down 900 for large 2 bed w/ garage spot. ProForma Rent = 2,200 Month Taxes $3,052, Insurance $1,445, Water/Sewer ~ $110 Tenants pay Gas/Electric I included a list of 2022 improvements that include Two new Hot Water Tanks installed (Jan 23'), Updated Kitchen cabinets (Nov 22') and many more items. Auditor site shows 4 number of bedrooms, but the owner indicates 5 number of bedrooms. Grab this cash flowing duplex today!