NEW LUXURY DUPLEX For Sale Lakewood, Ohio SUPER Cash Flow Property

Management options: Self or contracted
Type of management: Managed by local real estate broker.
Owner pays: Water/sewer/trash.

Published by Investor Concierge on February 18, 2024February 18, 2024

NEW LUXURY DUPLEX For Sale Lakewood, Ohio SUPER Cash Flow Property

Safe class A large Lakewood duplex for sale with 3 large bedrooms per unit, FULLY remodeled with high end materials, kitchens, baths, roof, 55 windows, electrical, brand new garage TOO MANY TO LIST HERE! Each unit leased for $1,995 per month.

Details:

Fully remodeled, rare prestigious side by side duplex with 3 bedrooms plus dens. This rare property is situation on highly sought north side of Clifton Boulevard on a large lot. Everything has been replaced, including all windows, air conditioning, driveway, garage, bathrooms and kitchens. Enjoy your summer evenings on the large porch.

The owner reduced taxes to only $3000 per year, the lowest! This property won’t last long. Each unit will command $2,000 per month. Private basements with separate washer/dryer hook ups, private patio behind garage, large yard to make your own, ideal location, close to Downtown.

Type of property: Duplex, residential
Units: 2
Tenant: Private
Neighborhood: **** Esmeralda Ave. Cleveland, OH
Status: Existing cash flow, 50% vacant, Some light repairs needed.
Gross cash flow: $4,000 /mo.
Net cash flow: ****
R.O.I. ****
Price: $349,900
Available: SOLD, NON-MLS, private investment seller.
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