Property Description
Great investment opportunity at 1222 E. 172nd St. in Cleveland! This income-producing duplex offers two occupied units with long-term leases already in place, providing immediate rental income for the next owner. The upstairs unit rents for $1,150 per month, while the downstairs unit rents for $1,170 per month, for a total gross rental income of $2,320 per month. With established tenants and consistent cash flow from day one, this property is a great option for an investor looking to add a performing asset to their portfolio without the hassle of finding tenants after closing. Conveniently located near major highways, shopping, dining, and other amenities. Add this solid Cleveland duplex to your rental portfolio!
Property Features
Property Type: Multi Unit - Multiple
Cooling: None
Days on Market: 8
Heating: Forced Air
Lot Size: 0.08 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $2,169 / year
Year Built: 1924
Feature Descriptions
Exterior: Vinyl Siding
Parcel#: 113-23-013
Parking: Driveway
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
1222 E 172nd Street | MLS# 5246968
This multi-family property located at 1222 E 172nd Street, Cleveland, OH 44119 is currently listed for sale with an asking price of $171,998. E 172nd Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.kaszycarealestate.com today.