3716 Daisy AVE Pending

Cleveland,OH 44109

$ 165000

5 Beds

2 Baths

0 SqFt


Key Details

Property Type Single Family Home

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 5061772

Bedrooms 5

Full Baths 2

HOA Y/N No

Year Built 1890

Annual Tax Amount $1,892

Tax Year 2022

Lot Size 5,292 Sqft

Acres 0.1215

Property Description

Discover a distinctive investment opportunity with this multi-family property on the west side of Cleveland, featuring two separate single-family homes on one lot. This is a House Hacking Dream! Live in the front house and rent the back house and live for pennies on the dollar. With it being 2 properties on one lot, you enjoy the benefits of multi family investment, without having neighbors right on top of you Just blocks from the newly built $1 billion Metro Hospital, this property is situated in a rapidly gentrifying neighborhood, promising both immediate and long-term value. The back house, with a Section 8 tenant, is set for a $100 rental bump in November, currently paying $812. This unique setup not only provides multiple income streams but also benefits from its proximity to major developments and revitalization efforts, making it a standout choice for savvy investors looking to capitalize on Cleveland’s growth. If you don't wish to house hack, comparable rent's for the front house are in the $1,200-1,300 ranges with the back house getting $900 you could get $2,000+, this is a steal!
This property is being sold in AS-IS condition.

Location

State OH

County Cuyahoga

Rooms

Basement Interior Entry,Concrete

Interior

Heating Forced Air

Cooling Ceiling Fan(s),Window Unit(s)

Fireplace No

Exterior

Garage None

Waterfront No

Water Access Desc Public

Roof Type See Remarks

Parking Type None

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 015-13-037

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Standard

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