Property Description
Value-Add Duplex with Strong Cash Flow Potential. Solid 2-family investment property, each unit offering 2 bedrooms and 1 full bathroom, delivering a highly rentable and in-demand layout. The property features a covered front porch and a basement with direct access from the downstairs unit, providing additional utility, storage, or future improvement potential. Projected rents approach $1,600/month, with upside for higher returns in today's market. The property was rehabbed in 2022 and now presents a light TLC value-add opportunity, allowing investors to enhance cash flow and force appreciation. Notable upgrades include updated electrical (including panels in basement), plumbing, newer hot water tanks, modern kitchen cabinetry, and several other improvements. With an estimated ARV of approximately $115,000, this property offers an attractive spread for investors focused on cash flow, equity growth, and long-term returns. A compelling opportunity for buy-and-hold or BRRRR investors. Please NO wholesaling, assignments or seller/creative financing.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full, Unfinished
Basement: Yes
Cooling: None
Days on Market: 91
Heating: Forced Air, Gas
Lot Size: 0.14 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $1,058 / year
Year Built: 1907
Feature Descriptions
Exterior: Wood Siding
Laundry: None
Lot: City Lot
Parcel#: 137-03-083
Parking: No Garage, Paved
Sewer: Public Sewer
View: City
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
12710 Benham Avenue | MLS# 5178741
This multi-family property located at 12710 Benham Avenue, Cleveland, OH 44105 is currently listed for sale with an asking price of $77,000. Benham Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.kaszycarealestate.com today.