Necia TFreeman
(304) 634-3319
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1471 E 118th Street, Cleveland, OH 44106

$499,900
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New to the Market Status - Active
10BEDS 4 fullBATHS 5212544MLS# College Park 02/T A MccaslinSUBDIVISION Cleveland Municipal - 1809SCHOOL

Home Value Estimate

Description

FULLY OCCUPIED 10 bedroom duplex in the heart of the thriving University Circle area!! This high performing duplex currently generates almost $65K in annual GROSS INCOME and over $55K in NET INCOME  yielding a 11.12% CAP RATE (details available upon request).  With strong cash flow and a premium location that is within minutes to CWRU (CWRU Safe Ride stop is only a few houses away), and convenient to University Hospitals, Cleveland Clinic, VA and Cleveland Institute of Music in an area that is GROWING in demand, this remodeled duplex is the perfect addition to any portfolio. The FURNISHED right side of duplex is currently fully leased by...read more

Features

  • Microwave
  • Range
  • Refrigerator
  • Ceiling Fan(s), Window Unit(s)
  • Forced Air
  • 3.0 Stories
  • $4,039 / year Taxes
  • Public
  • Built in 1910

Listed By

Agency Name: Premier Heights Realty LLC
Agency Contact: 216-860-0005, sophie@premierheights.com

Shown By

Agent Name: Necia T Freeman
Agent Phone: (304) 634-3319
Agency Title: Old Colony, REALTORS®
Agency Contact: Contact

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372 Davis Creek Road
Barboursville, WV 25504
(304) 634-3319
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