Turnkey income-producing duplex on Cleveland’s east side! Live in one unit and let the other pay your mortgage, or rent out all units for excellent cash flow. This well-maintained colonial offers 2,154 sq ft with two spacious 2-bedroom, 1-bath units plus a separately rented basement. The lower unit is move-in ready, while the upper unit has a long-term tenant of 15 years who is clean, reliable, and has never been late on rent, currently paying $550 month-to-month. The basement tenant is also month-to-month and would love to stay, providing stable income and flexibility for the next owner. Many updates include a solid roof with one layer and no leaks, new electrical panels and meters, and both kitchens remodeled within the last two years with updated GFCIs. The downstairs furnace is less than five years old, and the hot water tanks are approximately five years old. The fireplace is operational and adds extra charm. Classic features include hardwood floors, original wood trim, separate utilities, aluminum and vinyl siding, a two-car garage, and a paved driveway. Conveniently located near Miles Ave, close to shopping, parks, and public transportation. A fantastic opportunity for investors or owner-occupants seeking a stable, income-producing property.
Listing Courtesy of: Kit Custer, kitsoldit@gmail.com With RE/MAX Transitions
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