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Matt McGovern
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Off-Market Duplex — Cleveland East Side — Furnished, Cash-Flowing

Matt McGovern
Posted

Looking to connect with a cash buyer for an off-market LEED-certified legal duplex on Cleveland's east side.

Property:

  • 2 Bed / 1 Bath lower unit
  • 1 Bed / 1 Bath upper unit
  • Currently operating as an active, furnished Airbnb with existing bookings

Numbers:

  • Asking $167,500
  • Area rent comps: $925–950/mo for 1-bed units, $1,000–1,300/mo for 2-bed units
  • Combined rental income potential well over $2,000/mo if converted to long-term rental
  • Comparable duplex on the same street sold recently for $145K

Condition:

  • New gutters, exterior wood reinforcement, upgraded electrical panels, solid furnaces, dry basement
  • No major deferred maintenance

Seller is motivated and can move quickly with the right buyer. Not listed on MLS. If you're actively buying in Cleveland and this fits your criteria, comment or DM and I'll send the full package (photos, comps, numbers).

Offering
Cleveland, Ohio

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