This cash-flowing duplex presents a strong investment opportunity with reliable rental income and valuable updates already completed. The down unit features 4 bedrooms and 2 bathroom, a spacious living room, and a functional kitchen, currently rented for $1,000 per month on a month-to-month lease. The upper unit offers 3 bedrooms and 1 bathroom, along with a generous living space and functional kitchen, and is currently rented for $1,500 per month, also on a month-to-month lease. Both tenants have been in place for approximately two years, providing stability while still offering flexibility for future rent adjustments or lease terms. The property has seen several key improvements, including updated plumbing replacing the original cast iron, PEX plumbing lines, vinyl windows, and 200-amp electrical panels. Additional upgrades include two newer hot water tanks, an updated meter base, and durable aluminum siding. The down unit bathroom has been renovated with modern LVP flooring, while hardwood floors run throughout both units, adding character and durability. Conveniently located in a Cleveland neighborhood near major roads, public transportation, schools, shops, and local amenities, this duplex offers both strong current cash flow and long-term investment potential. Whether you're looking to expand your rental portfolio or secure a property with immediate income, this property is a great opportunity worth considering. Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors! Whether you're looking to expand your rental portfolio or secure a property with immediate income, this property is a great opportunity worth considering. No wholesalers. No Seller financing. No low ball offers.
Listed By
Agency Name: RE/MAX Haven Realty
Agency Contact: mike@theazzamgroup.com, 216-446-7606
Shown By
Agency Title: Mosholder Realty
Agency Phone: 330-633-5536
Estimated Payment
$ 1,165.13 per month $916.21 Principal & Interest $193.50 Property Tax $55.42 Homeowner's Insurance
3151 W 41st Street | MLS# 5190840
This multi-family property located at 3151 W 41st Street, Cleveland, OH 44109 is currently listed for sale with an asking price of $190,000. W 41st Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.mosholder.com today.