4 Beds
2 Baths
2,185 SqFt
4 Beds
2 Baths
2,185 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,185 sqft
Price per Sqft $61
Subdivision Homedale Allotment
MLS Listing ID 5119781
Bedrooms 4
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 2,185
Year Built 1920
Annual Tax Amount $901
Tax Year 2024
Lot Size 5,000 Sqft
Acres 0.1148
Property Sub-Type Duplex
Property Description
Don't miss this exceptional investment opportunity at 634 E 117th Street in Cleveland! This lead-certified duplex offers strong rental potential and is packed with updates, making it a perfect addition to your portfolio or a great house-hack opportunity.
Each unit has separate electric and gas and boasts a solid rent potential of $900/month or more, with even higher returns possible through CMHA or Eden voucher programs. Major upgrades include updated breaker panels, newer hot water tanks, modernized plumbing, and a newer roof, providing peace of mind and long-term savings.
The property features vinyl siding, a two-car detached garage, and a Generac whole-house backup generator system valued over $12,000, ensuring uninterrupted power and tenant appeal. An unfinished third-floor attic offers potential for future expansion—convert it into an additional unit or create added living space for even greater value.
Bonus: The home next door is currently being renovated, further boosting the neighborhood's appeal and long-term equity growth.
This is a prime chance to secure a turn-key duplex in a rapidly improving area. Schedule your showing today and unlock the income potential of this Cleveland gem!
Location
State OH
County Cuyahoga
Rooms
Basement Full, Unfinished
Interior
Heating Forced Air
Cooling None
Fireplace No
Appliance Dishwasher, Range, Refrigerator
Laundry In Basement
Exterior
Parking Features Driveway, Detached, Garage, Shared Driveway
Garage Spaces 2.0
Garage Description 2.0
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 110-02-077
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
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