$110,000
Active Under Contract
10 Days Online
5 Beds3 Baths1,850 SQFT
Active Under Contract

10917 Notre Dame Avenue Cleveland, OH 44104

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Investor's dream! This turnkey duplex not only offers incredible income potential but also comes with the possibility of converting the third floor into a triplex, adding even more value. The lower unit features 2 bedrooms and 1 bath, while the upper unit boasts 3 bedrooms and 2 full baths. Both units have undergone extensive updates, including fresh carpeting, modern paint throughout, new cabinets, countertops, and renovated bathrooms, making this property move-in ready for tenants. In addition to the cosmetic updates, major systems have already been taken care of with newer furnaces and hot water tanks installed, ensuring no immediate capital expenditures (CapEx) are required. The property also includes a spacious 2-car garage, offering added convenience. Market rents in this area range between $900-$1, 200 per unit, with even higher income potential from Section 8 tenants. This property could easily achieve over a 2% rent-to-price ratio, making it an outstanding investment in a rapidly developing neighborhood. Located just minutes from Shaker Square and University Circle, this duplex is perfectly positioned in an area seeing continued growth and revitalization. With the potential for high returns and a prime location, this is an opportunity you don't want to miss! Secure your showing today and make this high-yield property part of your portfolio.

  • Property TypeMulti-Family
  • NeighborhoodGraham-Scofield Allotment
  • CountyCuyahoga
  • Taxes$742
  • HOA/Condo/Coop Fees$0
  • Days on Site9 Days
  • MLS StatusActive Under Contract
  • MLS ID Number5072406
  • Home Size Source N/A
  • Year Built1925
  • Lot Size0.0964 Acres
  • Full Baths3
  • Partial BathsN/A

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General Features

  • Construction AsphaltWood Siding
  • Parking Paved
  • Sewer Public Sewer
  • Basement Unfinished
  • Number of Stories 3Three Or More
  • Acreage 0.0964
  • Water Public
  • Property Sub Type Duplex
  • Garage Spaces 2
  • Attached Garage No

Interior Features

  • Cooling None
  • Heating Forced AirGas
  • Laundry Features Common Area

Exterior Features

  • Roof AsphaltFiberglass
  • 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.)

$534
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