$151,900
Active Under Contract
18 Days Online
4 Beds4 Baths0 SQFT
Active Under Contract

14112 Edgewood Avenue Cleveland, OH 44128

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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.

  • Property TypeMulti-Family
  • NeighborhoodParkhill Land & Allotment Cos
  • CountyCuyahoga
  • Taxes$920
  • HOA/Condo/Coop Fees$0
  • Days on Site18 Days
  • MLS StatusActive Under Contract
  • MLS ID Number5071181
  • Home Size Source N/A
  • Year Built1928
  • Lot Size0.101 Acres
  • Full Baths2
  • Partial Baths2

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General Features

  • Construction Wood Siding
  • Parking Driveway
  • Sewer Public Sewer
  • Basement Unfinished
  • Number of Stories Three Or More
  • Acreage 0.101
  • Water Public
  • Property Sub Type Duplex
  • Attached Garage No
  • Listing Conditions Standard

Interior Features

  • Cooling None
  • Heating Forced Air
  • Laundry Features In Basement

Exterior Features

  • Roof Asphalt
  • Waterfront Property No

Community Features

  • Township Cleveland

Schools

School District
Cleveland Municipal - 1809
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$738
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