Archived about 1 month ago

$124,500

4 bd 2 ba 1657 sqft

Rainbow Ave, Cleveland, OH 44111

Residential Duplex Occupied

Current Rent

$1,675

Cap Rate

Pro Only

Cash on Cash ROI

Pro Only

Unit 1 Details
  • Current Rent: $825
  • Bedroom: 2 bd
  • Bathroom: 1 ba
  • Square Footage: 832 sqft
  • Occupied: Yes
  • Needs Repairs: No
  • Off MLS: No
Unit 2 Details
  • Current Rent: $850
  • Bedroom: 2 bd
  • Bathroom: 1 ba
  • Square Footage: 825 sqft
  • Occupied: Yes
  • Needs Repairs: No
  • Off MLS: No

Side by Side Double! Occupied Double.

This Duplex home is a great opportunity for investors as a cash positive property! Also perfect for first time homebuyers by cutting your rent in half! Two (2) bedrooms, large family room, dining room, eat in kitchen, partially finished basement and walk out back porch and full sized back yard. Upstairs you'll find two nice sized bedrooms with good closet space and a full bath. Basement is plumbed to update second full bath. Newer furnace and all mechanicals. Many room freshly repainted. Shared wall with adjacent Duplex side-by-side home. The home has been well cared for and is in a convenient location. Close to all major highways, downtown, West Park and Lakewood night life, shopping and schools! If you have a buyer considering jumping into real estate investment...don't hesitate to call with any questions or to set up a private showing today!

Location:

Rainbow Ave, Cleveland, OH 44111

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