$164,900
7124 Clark, Cleveland, OH 44102
Current Rent **
$1,900
Projected Rent **
$3,100
Cash Flowing Multi Family For Sale
Cash-flowing duplex on Cleveland's west side. Convenient location minutes from Ohio City, Gordon Square, I-90, and more. The down unit offers 3 beds 1 bath, spacious living area, and is well maintained by a long-term tenant at $750 lease expires in July (very under market rent). The upstairs unit offers an impressive 4 beds 1 bath and was renovated in 2020. It is leased month to month at $1,150. With gross rent of $1,900 a month, this beats the 1% rule! Roof, siding, glass block windows, hot water tanks, furnaces, electrical panels & wiring have all been updated in the last ~15 years or less. Convenient off-street parking spaces are behind the home. Great opportunity to buy and cash flow right away!
Location:
7124 Clark, Cleveland, OH 44102
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** Current rent and projected rent are provided by the lister.
† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.
‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.
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