10012 Mount Auburn AVE Save Request In-Person Tour Request Virtual Tour
Cleveland,OH 44104
Key Details
Property Type Single Family Home
Sub Type Duplex
Listing Status Hold
Purchase Type For Sale
Square Footage 2,629 sqft
Price per Sqft $32
Subdivision Woodland Heights
MLS Listing ID 5039797
Bedrooms 4
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 1,752
Total Fin. Sqft 2629
Year Built 1918
Annual Tax Amount $486
Tax Year 2023
Lot Size 4,791 Sqft
Acres 0.11
Property Description
Great opportunity for Cash flow and instant equity! This fully occupied duplex currently generates $1525/mo! The upper unit pays$750/mo and have been there for 2 years. The lease is now month to month. The lower unit pays $775/mo and that unit was made rent ready with fresh paint and new flooring. Both tenants are cash so a sec 8 model would generate even higher income. The tenants pay for gas and electric and taxes are less then $500/ year so your cash flow is VERY strong. The tenant is very clean. The Hot water tanks are both newer. The seller has sold several in this area for over $100,000 which offers you an opportunity to create equity through some updates and increasing rents Its Located near the shopping and restaurants at Larchmere Blvd and Shaker Square and is less then 3 miles from Cleveland Clinic Main Campus. This property has on site security systems that could transfer to the new owner (see details below). . Easy opportunity for value add and equity.
Location
State OH
County Cuyahoga
Rooms
Basement Full
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Garage No Garage
Waterfront No
Water Access Desc Public
Roof Type Asphalt
Parking Type No Garage
Garage false
Private Pool No
Building
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 128-18-034
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard