2622 E 130th Street, Cleveland, OH 44120

Property Description

2622 E. 130th Street - Larchmere Area Duplex Turnkey 2-unit investment property in the highly desirable Larchmere neighborhood! This well-maintained duplex has seen extensive updates in the last 5 years, including new roof, siding, windows, central air, and hot water tanks. Both kitchens have been completely renovated, and new flooring and fresh paint run throughout each unit. Furnaces (10-12 yrs) were recently rebuilt with all new wearable parts, and electric panels were updated approximately 10 years ago. Original built-in cabinetry adds character and charm. Two full stories plus an almost-full third-floor unfinished attic with plumbing, gas, electric, and a separate entrance - ideal for expansion or added income. Both units are currently leased to long-term tenants (4-5 years), private pay, month-to-month, at $1,000/unit/month. Immediate cash flow with minimal deferred maintenance. Steps from the shops, galleries, and restaurants of Larchmere - one of Cleveland's most sought-after, walkable neighborhoods. Great opportunity for investors or owner-occupants alike.