15814 Parkgrove Avenue, Cleveland, OH 44110

$169,900
5
BD
2
BA
2,296
SqFt
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List Price
$169,900
Status
PENDING
MLS#
5250062
Year Built
1921
Bedrooms
5
Bathrooms
2
Living Area
2,296
Region
Cleveland
Township
Cleveland
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(440) 539-6347

Property Description

Turnkey Duplex – Fully Occupied, Long-Term Tenants, Strong Cash Flow A fully occupied duplex with a renovated upper unit and a 20-year tenant in the lower unit. Stable, proven income from day one. Upper unit: 3 bed, dual-level, fully renovated. Rents for 1,250/mo Lower unit: 2 bed, occupied by the same tenant for 20 years. Rents for 950/mo, with upside on renewal Combined rent: 2,200/mo (26,400/yr gross) Private-pay tenants: Tenants pay all utilities 2-car garage Lead-safe certified Recent updates: New siding, windows, and flooring Mechanicals: Water heaters about 4 years old, furnaces about 10 years old A low-maintenance, income-producing asset with no immediate capital expenses. Ideal for investors looking to add a stabilized property to their portfolio. Proof of funds required prior to showing. Tenant notice needed for all showings.

(440) 539-6347
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Additional Information

Taxes
$3,900
Acres
0.10
Sewer
Public Sewer
Roof
Shingle
Water
Public
Garage Spaces
2
Heating
Gas
Cooling
None
School District
Cleveland Municipal - 1809
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Listing Courtesy of: Nicholas J Huscroft, nick@chosenrealtyco.com With Chosen Real Estate Group

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