1222 E 172nd Street, Cleveland, OH 44119
- $169,997
- 4
- BD
- 2
- BA
- 1,536
- SqFt
- List Price
- $169,997
- Status
- ACTIVE
- Stories
- 2
- MLS#
- 5196692
- Year Built
- 1924
- Price Change
- ▼ $9,003 1780612324
- Bedrooms
- 4
- Bathrooms
- 2
- Living Area
- 1,536
- Region
- Cleveland
- Township
- Cleveland
- Subdivision / Building
- Glenside
Property Description
Back on the market—no fault of the seller! This fully renovated, turnkey duplex is available again after the previous buyers were unable to perform, creating a second chance to own a cash-flowing investment property. Renovated in 2023, the property is 100% occupied with long-term leases in place, generating 2,320 per month (27,840 annually). The upstairs unit rents for 1,150/month on a 3-year lease, while the downstairs unit is leased through the Eden housing program for 1,170/month (958 Eden + 212 tenant portion) on a 3-year lease. Major updates include new furnaces and hot water tanks, plus a dry basement and all seller-owned appliances are included, making this a true low-maintenance investment. Now offered at just 169,997, this property can be purchased individually or as part of a package with 3568 West 67th Street, Cleveland, OH 44102, offering investors immediate cash flow and long-term stability from day one.
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Additional Information
- Taxes
- $2,169
- Acres
- 0.08
- Sewer
- Public Sewer
- Roof
- Asphalt, Fiberglass
- Water
- Public
- Garage Spaces
- 2
- Heating
- Forced Air
- Cooling
- None
- School District
- Cleveland Municipal - 1809
Mortgage Calculator
Listing Courtesy of: Nicholas J Huscroft, nick@chosenrealtyco.com With Chosen Real Estate Group
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