2054 W 83rd Street
Cleveland, Ohio 44102, United States

MLS#: 5090864

$220,000 USD

Bedrooms
6
Bathrooms
3
Home/Lot size
308m² (3,314ft²)
The details

Property features

Date Updated: Dec 27, 2024

Construction details

Year built
1920
Roofing
Fiberglass

Area

Property size
308m² (3,314ft²)
Land/Lot size
445m² (0.11ac)
Bedrooms
6
Bathrooms
3
Total rooms
9
Heating system
Forced Air
Gas

Description

Don't miss this great investment opportunity! Featuring a front duplex and a charming house in the back, all situated on one lot in a highly desirable location. The duplex offers two spacious 2-bedroom, 1-bath units with strong rental potential. The vacant upstairs unit is currently listed for rent at $850/month, while the downstairs unit, occupied by a long-term, month-to-month tenant, generates $950/month in rental income. The single family house in the back presents a fantastic opportunity for some sweat equity?requiring work, it's a great chance to increase your rental income. Once rehabbed, the house could easily rent for $1,000/month or more, further boosting the property's potential.

With recent updates to the duplex, these units are move-in ready and offer immediate cash flow. The property is professionally managed, simplifying your investment experience. In a prime location with strong rental demand, this property is a must-see for both seasoned investors and newcomers looking to expand their portfolios. Don't let this incredible opportunity pass you by!

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Location

2054 W 83rd Street, Cleveland, Ohio 44102, United States
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