3152 E Derbyshire Road, Cleveland Heights, OH 44118

Property Description

Very nicely updated side-by-side duplex with a total of 8 bedrooms and a rare 5 FULL bathrooms West of Lee Road in Cleveland Heights. This fully occupied and cash-flowing property is just minutes from CWRU and the main campuses of both University Hospitals and The Cleveland Clinic, putting it in a highly-sought after location. Each unit has been remodeled, including kitchens and bathrooms, and features a gorgeous third floor suite with vaulted and beamed ceiling, as well as an ensuite full bathroom. Private basements have washer and dryer hook-ups. Left side (3152) is rented through May 31 for $1750 and Right side (3150) is rented through May 31 for $1660 for a total annual gross income of approximately $41K!! All mechanicals are in great working condition and all windows have been replaced with quality vinyl windows. Please note: (1) square footage does not include the finished 3rd floors; (2) property will transfer POS-compliant, and (3) tenants reimburse water and sewer. Interior videos are available upon request. Property Management is in place and could be continued. If you are looking for ease of ownership either as a pure investment or as an owner-occupant, take a look at this solid property that has been exceptionally maintained and well-appointed.