Description
Income-producing duplex located in a consistently leased rental area of Euclid. Both units are currently occupied, with the upstairs rented month-to-month at $815/mo and the downstairs unit rented at $775/mo, providing $1,590/mo in current gross rental income. Recent improvements help reduce ongoing maintenance costs, including a roof and furnaces updated within the last 5 years and newer vinyl siding for low exterior upkeep. Each unit offers a functional layout, separate entrances, and separate utilities, making this property attractive for long-term tenants and straightforward for management. Convenient location near shopping, freeway access, and employment centers supports stable rental demand. A strong buy-and-hold opportunity to add to your portfolio or begin investing with a property that is already producing income. All information deemed accurate, but not guaranteed. Buyer to perform their own due diligence.
Details
| MLS # | 5170494 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1918 |
| Days On Site | 287 |
| Listing Provided By | Red 1 Realty, LLC | Joel R Gabelman |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 2,071 |
| Basement | Y |
| Story(s) | 2 |
| Building(s) | 1 |
| Acreage | 0.11 |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Asphalt, Paved |
Taxes
| Tax Annual Amount | 3462 |
|---|
Area Information
| State | OH |
|---|---|
| County | Cuyahoga |
| City | Euclid |
| Zip Code | 44119 |
| Community Name | Monterey Heights |
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Learn More About This Property
| State | OH |
|---|---|
| County | Cuyahoga |
| City | Euclid |
| Zip Code | 44119 |
| Community Name | Monterey Heights |