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(440) 539-6347
Real Estate Company
4718 Gedeon Avenue, Cleveland, OH 44102
- $170,000
- 4
- BD
- 2
- BA
- 1,561
- SqFt
- List Price
- $170,000
- Status
- ACTIVE
- Stories
- 2
- MLS#
- 5258856
- Year Built
- 1920
- Bedrooms
- 4
- Bathrooms
- 2
- Living Area
- 1,561
- Region
- Cleveland
- Township
- Cleveland
- Subdivision / Building
- Tomasch
Property Description
Excellent investment opportunity on Cleveland's west side! This renovated duplex offers two spacious units, each featuring 2 bedrooms and 1 full bathroom. The property has undergone extensive improvements, including a new roof, updated plumbing, new furnaces and ductwork, and updated framing and drywall, providing peace of mind for the next owner. The downstairs unit is currently occupied at $895 per month, with a lease running through November 30, 2027. The upstairs unit is vacant and ready for a new tenant or owner-occupant, with a similar estimated market rent of $895 per month. At full occupancy, the property offers a projected gross rental income of $1,790 per month, or $21,480 annually. Whether you're looking to expand your rental portfolio or live in one unit while generating income from the other, this updated duplex offers a fantastic opportunity on Cleveland's west side!
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Additional Information
- Taxes
- $1,084
- Acres
- 0.08
- Sewer
- Public Sewer
- Roof
- Asphalt, Fiberglass
- Water
- Public
- Heating
- Forced Air
- Cooling
- Ceiling Fan(s)
- School District
- Cleveland Municipal - 1809
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Listing Courtesy of: Joshua Janus, josh@janusdevelopment.co With Key Realty
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