Property
Beds
4
Full Baths
2
1/2 Baths
None
Year Built
1947
Sq.Footage
2,312
This well-maintained, cash-flowing duplex is an excellent opportunity for investors looking to add a strong income-producing property to their portfolio! Each unit features 2 bedrooms and 1 full bathroom, a spacious living room, a functional kitchen with an adjoining dining area, and access to a shared basement that offers additional storage and value-add potential. Both units also include a rear sunroom, providing extra living space for tenants to enjoy. The property is fully occupied, with the lower unit renting for $1,065 per month and the upper unit for $930 per month, both on month-to-month leases. The upper tenant also rents a basement room for an additional $90 per month, creating extra monthly income. Tenants pay their own gas and electric, while water and sewer are shared. Situated on a corner lot, this Cape Cod-style duplex features an enclosed front porch, detached 2-car garage, shared basement with washer and dryer hookups and a utility sink, plus separate furnaces and central A/C units for each apartment. Recent updates include luxury vinyl plank flooring and refinished hardwood floors in the lower unit, replacement hot water tanks, garage doors, kitchen appliances, replacement windows, masonry improvements, and a new front door. Conveniently located in Parma, just minutes from Evergreen Lake with easy access to I-480, this property is also close to shopping, restaurants, parks, schools, public transportation, and all local amenities, making it a fantastic turnkey investment. Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors! Whether you’re expanding your portfolio or purchasing your first multifamily investment, this turnkey income-producing property is one you won’t want to miss. No wholesalers. No Seller financing. No low ball offers.
Features & Amenities
Interior
-
Total Bedrooms
4
-
Bathrooms
2
-
Above Grade Finished Area
1808.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air
-
Heating YN
YES
-
Heating
Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Construction Materials
Aluminum Siding, Vinyl Siding
-
Parking
Driveway, Detached, Garage
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.1175
-
Property Type
Residential Income
-
Property Sub Type
Duplex
Price
-
Sales Price
$239,900
-
Tax Amount
$3,603
-
Sq. Footage
2,312
-
Price/SqFt
$103
HOA
-
Association
No
School District
-
Elementary School
Parma CSD - 1824
-
Middle School
Parma CSD - 1824
-
High School
Parma CSD - 1824
Property Features
-
Stories
2
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Cuyahoga
Elementary School
Parma CSD - 1824
Middle School
Parma CSD - 1824
High School
Parma CSD - 1824
Listing Courtesy of Michael Azzam , RE/MAX Haven Realty
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AGENT
Tami Reiss
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