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11302 Parkview Avenue , Cleveland, OH 44104

$119,900
  • 11302 Parkview Avenue , Cleveland, OH 44104 Main Photo

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New to the Market Active
BEDS4 BATHS2 full MLS#5222679
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONF & C Pekoc Sub SCHOOLCleveland Municipal - 1809

Property Description

Cash flow is calling, and this duplex is answering! Whether you're a seasoned investor or adding another income-producing property to your portfolio, this one checks all the boxes: dependable income, strong upside, and truly hands-off ownership. The upper unit is occupied by a CMHA tenant paying $967 per month, providing the kind of guaranteed rental income every investor appreciates?a check showing up month after month like clockwork. The lower unit is vacant and ready for tenant placement, giving you immediate upside and the opportunity to increase your returns right away. Looking for passive income without the landlord headaches? You're in luck. Professional property management is already in place and willing to stay on, making this about as close to a buy it and let it work for you investment as you'll find. The property has seen numerous updates, including a newer dimensional shingle roof, newer vinyl windows throughout, and updated 100-amp electrical panels. Both units have been improved, and the vacant lower unit showcases gorgeous hardwood floors in the living and dining rooms that tenants are sure to love. Even better, the property already has its City of Cleveland rental registration and Lead Safe Certification in place, saving the next owner both time and money and making for an easy transition from closing day to collecting rent. This is the kind of duplex investors chase?guaranteed income, tremendous cash flow potential, professional management, and major compliance items already taken care of. Place a tenant downstairs (or have the current PM do it for you), sit back, and let this property start paying you from day one.

11302 Parkview Avenue | MLS# 5222679

This multi-family property located at 11302 Parkview Avenue , Cleveland, OH 44104 is currently listed for sale with an asking price of $119,900. Parkview Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.gonatasrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: Other
Heating: Forced Air
Lot Size: 0.16 Acres
Roof Type: Asphalt, Fiberglass
Stories: 3.0
Taxes: $1,240 / year
Year Built: 1920

Feature Descriptions

Exterior: Wood Siding
Parcel#: 128-24-101
Parking: Driveway
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Listed By / Shown By

Listed By

Agency Name: Key Realty
Agency Contact: iangrameREALTOR@gmail.com, 216-882-1056

Shown By

Agency Title: Gonatas Real Estate
Agency Phone: 330-729-5004

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Estimate Your Payment

Estimated Payment

$ 405.15 per month $266.85 Principal & Interest $103.33 Property Tax $34.97 Homeowner's Insurance

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