Property Description
Welcome to 11701 Gay Ave, a fully remodeled duplex in 44105 with serious cash flow potential built right in. With CMHA's rent standard at $1,559 per unit, this property offers the potential to generate over $3,000 a month in rent, making it a standout income opportunity from day one.
This duplex features two big 3 bedroom units, completely renovated top to bottom, including a new furnace, new water tank, new electrical, and a new roof in each unit, along with a full interior remodel throughout. Every major system has been replaced, offering true turnkey ownership with minimal maintenance for years to come. A finishable attic adds even more upside, with the rare opportunity to convert this duplex into a triplex and boost income potential further.
Priced to move at $159,900, this property comes in well under a recent comparable sale directly across the street, which closed at $165,000. Big 3 bedroom units, all new mechanicals, expansion potential, and standout rental numbers make this a rare find that won't last long. Schedule your showing today.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: Ceiling Fan(s)
Heating: Forced Air
Lot Size: 0.12 Acres
Roof Type: Shingle
Stories: 3.0
Taxes: $1,744 / year
Year Built: 1930
Feature Descriptions
Exterior: Vinyl Siding
Parcel#: 137-14-060
Parking: Driveway, On Street
Sewer: Public Sewer
Water: Public
Window: Double Pane Windows
Local Schools
School District: Cleveland Municipal - 1809
11701 Gay Avenue | MLS# 5235256
This multi-family property located at 11701 Gay Avenue, Cleveland, OH 44105 is currently listed for sale with an asking price of $159,900. Gay Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.kaszycarealestate.com today.