Property Description
Welcome to 11506 Ohlman Avenue, Cleveland, OH 44108?a fantastic investment opportunity offering immediate income with significant upside potential. This well-maintained duplex features two 2-bedroom, 1-bath units, making it an excellent addition to any investment portfolio or an ideal owner-occupant opportunity.
The lower unit is occupied, providing immediate rental income, while the upper unit is vacant, allowing the new owner to place a tenant at today's market rate or move in and enjoy the benefits of owner-occupied living. The occupied unit is currently rented for $700 per month, which is below current market rent, presenting an excellent opportunity to increase cash flow over time.
Each unit offers spacious living areas, functional layouts, separate entrances, and the flexibility tenants are looking for. Conveniently located near shopping, schools, public transportation, major highways, and Downtown Cleveland, this property is well-positioned to attract long-term tenants.
Whether you're a seasoned investor looking for your next cash-flowing asset or a first-time buyer interested in house hacking, this duplex offers the perfect combination of immediate income and future appreciation potential.
Don't miss this opportunity to unlock the full earning potential of this Cleveland multifamily property?schedule your private
showing today!
CAN BE PURCHASED WITH THE FOLLOWING PROPERTIES-DUPLEX 3963 E 123RD CLEVELAND OH 44105, SINGLE, 10824 BRYANT AVE CLEVELAND OHIO 44108, , SINGLE 1494 CLERMONT AVE CLEVELAND OHIO 44108, SINGLE 3389 E 139TH ST CLEVELAND OHIO 44120
Property Features
Property Type: Multi Unit - Multiple
Basement: Common Basement
Basement: Yes
Cooling: Window Unit(s)
Garage: 1
Heating: Forced Air
Lot Size: 0.09 Acres
Roof Type: Asphalt
Stories: 2.0
Taxes: $1,244 / year
Year Built: 1910
Feature Descriptions
Exterior: Vinyl Siding
Parcel#: 110-21-099
Parking: Driveway
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
11506 Ohlman Avenue | MLS# 5225418
This multi-family property located at 11506 Ohlman Avenue, Cleveland, OH 44108 is currently listed for sale with an asking price of $110,000. Ohlman Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.kaszycarealestate.com today.