Property Description
Fully occupied two-family property featuring a total of 4 bedrooms and 2 bathrooms. Both units are rented to long-term, reliable tenants on month-to-month leases, providing immediate cash flow with room to increase rental income (current medium value $1,140, market potential up to $1,813). Located in a stable rental area, this property offers tons of opportunity for investors seeking to expand their portfolio with a proven income-producing asset. Hot water tank is 4 years old and the furnace is 7 years old. The rood was replaced 3 years ago. Strong rental demand and flexible lease terms make this a smart buy-and-hold or value-add opportunity!
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Cooling: Window Unit(s)
Days on Market: 1
Garage: 2
Heating: Forced Air
Lot Size: 0.07 Acres
Roof Type: Asbestos Shingle
Stories: 3.0
Taxes: $1,159 / year
Year Built: 1921
Feature Descriptions
Exterior: Asphalt
Parcel#: 110-09-111
Parking: Driveway
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
12811 Austin Avenue | MLS# 5241156
This multi-family property located at 12811 Austin Avenue, Cleveland, OH 44108 is currently listed for sale with an asking price of $124,900. Austin Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.kaszycarealestate.com today.