Property Description
This cash-flowing duplex presents a solid opportunity for investors seeking stable, consistent income from day one! Each unit features 2 bedrooms and 1 full bathroom, offering spacious living areas, functional kitchens, and adjoining dining spaces that appeal to long-term tenants. The property also includes a full basement, providing additional storage and potential for future value-add opportunities.
Both units are currently tenant-occupied, generating immediate income. The lower unit rents for $950 per month on a 12-month lease, while the upper unit rents for $1,050 per month, also on a 12-month lease?delivering a strong and reliable rental stream.
Conveniently located in Cleveland's Brooklyn Centre area, just minutes from MetroHealth Medical Center, this property benefits from a high-demand rental location. With close proximity to major highways, public transportation, shopping, dining, schools, and parks, tenants enjoy easy access to everyday essentials and employment hubs?making this an attractive, low-vacancy 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 securing your first income-producing property, this duplex offers the ideal blend of cash flow, location, and long-term potential!
No wholesalers. No Seller financing. No low ball offers.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full
Basement: Yes
Cooling: None
Days on Market: 12
Garage: 1
Heating: Forced Air
Lot Size: 0.12 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $4,915 / year
Year Built: 1914
Feature Descriptions
Exterior: Aluminum Siding, Vinyl Siding
Laundry: In Basement
Parcel#: 008-13-086
Parking: Driveway, Detached, Garage
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
1161 Rowley Avenue | MLS# 5205680
This multi-family property located at 1161 Rowley Avenue, Cleveland, OH 44109 is currently listed for sale with an asking price of $227,000. Rowley Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.kaszycarealestate.com today.