14112 Edgewood AVE Pending Save Request In-Person Tour Request Virtual Tour
Cleveland,OH 44128
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Subdivision Parkhill Land & Allotment Cos
MLS Listing ID 5071181
Bedrooms 4
Full Baths 2
Half Baths 2
Year Built 1928
Annual Tax Amount $920
Tax Year 2023
Lot Size 4,399 Sqft
Property Description
TURN KEY CASH FLOW and a 14%+ cap rate! ADD IRA and portfolio value with this rehabbed (late 2022) and fully occupied Cleveland, Ohio duplex. Down unit is Section 8 (CMHA) and rents at $927.00 per month. Up unit is $850.00 (cash tenant) wth the opportunity for an increase in the rental rate at lease renewal. Separate furnaces, water heaters, electricty and gas to each unit. Up unit furnace overhauled in 2022, down unit furnace has a manufacture date of 2001 and are in working condition. Lead Certification in place as of January 2023. The Property has an unfinished attic for value-add opportunity.
Location
State OH
County Cuyahoga
Rooms
Ensuite Laundry In Basement
Interior
Laundry Location In Basement
Heating Forced Air
Cooling None
Laundry In Basement
Exterior
Garage Driveway
Waterfront No
Roof Type Asphalt
Building
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard