Vision Sales Team

16304 Nela View Road

East Cleveland, OH 44112

MLS#: 5200280

$160,000

Status: Active
Listing number: 5200280
Listing provided by: Premier Heights Realty LLC
Listing agent phone: None
Last update: a day ago
On site: 8 days ago
Browse Properties
Euclid-Noble Dev Cos 01 - Residential Income

Property

Beds

6

Full Baths

2

1/2 Baths

None

Year Built

1924

Sq.Footage

2,042

Turnkey investment opportunity CURRENTLY generating $33K in rents each year!!! This well-maintained multifamily duplex is the perfect addition to any investor’s portfolio. Both units are currently occupied with reliable Section 8 tenants, offering immediate and consistent cash flow. Each unit features 3 spacious bedrooms and 1 full bathroom, providing comfortable living space for tenants. The property has been updated and is in great condition, minimizing the need for immediate repairs or renovations. Current rental income is strong, with one unit generating $1,329/month and the other $1,415/month. This best the 1% Rule and provides more than a 10-CAP. Whether you're a seasoned investor or just getting started, this income-producing property is a solid, hassle-free opportunity you won’t want to miss! Can be sold as a package deal! (5200289), (5200292), (5200294)

Features & Amenities

Interior

  • Total Bedrooms

    6

  • Bathrooms

    2

  • Above Grade Finished Area

    2042.0

  • Basement YN

    YES

  • Cooling YN

    NO

  • Cooling

    None

  • Heating YN

    YES

  • Heating

    Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Vinyl Siding

  • Parking

    Driveway, On Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.0992

  • Property Type

    Residential Income

  • Property Sub Type

    Duplex

Price

  • Sales Price

    $160,000

  • Tax Amount

    $1,266

  • Sq. Footage

    2, 042

  • Price/SqFt

    $78

HOA

  • Association

    No

School District

  • Elementary School

    East Cleveland CSD - 1812

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Cuyahoga

Elementary School

East Cleveland CSD - 1812

Middle School

High School

Listing Courtesy of Jullian Vaughn , Premier Heights Realty LLC

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Agent Austin Lape

AGENT

Austin Lape

Call Austin today to schedule a private showing.

(330) 808-6162

Austin@VisionSalesTeam.com


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Turnkey investment opportunity CURRENTLY generating $33K in rents each year!!! This well-maintained multifamily duplex is the perfect addition to any investor’s portfolio. Both units are currently occupied with reliable Section 8 tenants, offering immediate and consistent cash flow. Each unit features 3 spacious bedrooms and 1 full bathroom, providing comfortable living space for tenants. The property has been updated and is in great condition, minimizing the need for immediate repairs or renovations. Current rental income is strong, with one unit generating $1,329/month and the other $1,415/month. This best the 1% Rule and provides more than a 10-CAP. Whether you're a seasoned investor or just getting started, this income-producing property is a solid, hassle-free opportunity you won’t want to miss! Can be sold as a package deal! (5200289), (5200292), (5200294)

16304 Nela View Road

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