Property
Beds
4
Full Baths
2
1/2 Baths
None
Year Built
1920
Sq.Footage
1,662
Duplex for sale in Old Brooklyn. Both units are currently rented for $827 (Down - 6/30/24) and $825 (UP - m2m) for a total GRI of nearly $20K per year. This investment beats the 1% Rule and provides a strong Cap rate. This well-maintained property has property management in place that could be continued, making for a seamless transition. All mechanicals are in good working condition: HWT 2022 + 2022, Furnaces 2022 + 2022. Some vinyl windows. This property can be purchased as part of a 27-property portfolio. Buy one, buy some, or buy them all!! Property list is available upon request. LEAD Safe certificate! Property appraised in April 2022 for $162K (appraisal report is available upon request). Vacant photos are of the down unit prior to tenant moving in. Furnished photos are of the Up Unit.
Features & Amenities
Interior
-
Total Bedrooms
4
-
Bathrooms
2
-
Above Grade Finished Area
1662.0
-
Basement YN
YES
-
Cooling YN
NO
-
Cooling
N/A
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Construction Materials
Aluminum Siding, Vinyl Siding
-
Parking
Paved
-
Pool
No
Area & Lot
-
Property Type
Residential Income
-
Property Sub Type
Duplex
Price
-
Sales Price
$145,000
-
Tax Amount
1751.0
-
Sq. Footage
1, 662
-
Price/SqFt
$87
HOA
-
Association
No
School District
-
Elementary School
Cleveland Municipal - 1809
-
Middle School
N/A
-
High School
N/A
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Location
County
Cuyahoga
Elementary School
Cleveland Municipal - 1809
Middle School
High School
Listing Courtesy of Sophie Boehlen , Keller Williams Greater Metropolitan
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