3609 Archwood Avenue, Cleveland, OH 44109

Property Description

Prepare to be Moved! Welcome to 3609 Archwood Ave, a rare find in the up-and-coming neighborhood of Cleveland’s Old Brooklyn area. This spacious, side-by-side duplex offers over 2,700 sq ft of above-ground living space, w/ 2 generously sized 2-story units, each featuring 3 bedrooms & 1 bathroom. Whether you’re looking for a lucrative investment or a home w/ rental income potential, this property has it all. The home maintains its timeless charm w/ original hardwood floors, detailed woodwork, & beautiful millwork throughout, while offering plenty of opportunity for customization & modernization. The huge kitchen was thoughtfully renovated (2022), & the bathroom was updated within the past 5 years. The foundation is in excellent condition for a home of its age, providing a solid base for future improvements. The City of Cleveland is committed to revitalizing the neighborhood, & w/ low-interest renovation loans available, this property is primed for a new chapter w/ the flexibility to add your personal touch. The area’s upward trajectory makes this an investment opportunity that is sure to appreciate quickly. With the potential to generate over $33,600 annually in rental income—$2,800/month or more in long-term rents—this property could be an excellent source of passive income. Alternatively, occupy 1 unit & let the other unit help pay your mortgage or bills. Whether you’re interested in Airbnb, short-term or long-term rentals, or creating your dream home, the possibilities are endless. Comparable, smaller properties on the same street have sold for over $255,000 after renovations, making this a prime opportunity to create significant equity w/ the right updates. Don’t miss out on this exceptional opportunity to own a piece of Cleveland history while benefiting from the city’s revitalization efforts. W/ great potential & a solid foundation, 3609 Archwood Ave is waiting for you to bring it back to life. Contact us today to schedule a viewing!