Property Description
Great cash-flowing opportunity in Cleveland's desirable Old Brooklyn neighborhood! This west-side duplex features long-term tenants in place and currently generates $1,750 per month in rental income, providing immediate income potential from day one.
What sets this property apart is the level of transparency available to prospective buyers. A professional inspection has already been completed, allowing investors to better understand the property's condition and evaluate future maintenance needs before making an offer. Inspection report available upon request.
Following recent storm damage, the seller is addressing select exterior and interior items, including repairs to portions of the roof, siding, and affected drywall areas. Buyers will benefit from knowing these improvements are already underway while still having the opportunity to review the full inspection report and perform their own due diligence.
Conveniently located near I-71, I-480, downtown Cleveland, shopping, dining, and parks, this property offers the combination of current cash flow, transparency, and value-add potential that many investors are looking for. Whether you're expanding an existing portfolio or purchasing your first multifamily investment, this is an opportunity worth exploring.
Property Features
Property Type: Multi Unit - Multiple
Basement: Unfinished, Walk-Out Access
Basement: Yes
Cooling: None
Days on Market: 78
Heating: Forced Air, Gas
Lot Size: 0.09 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $2,517 / year
Year Built: 1904
Feature Descriptions
Accessibility: None
Exterior: Aluminum Siding, Brick, Wood Siding
Laundry: Washer Hookup, In Basement
Parcel#: 014-20-059
Parking: No Garage, None
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
3102 Searsdale Avenue | MLS# 5198417
This multi-family property located at 3102 Searsdale Avenue, Cleveland, OH 44109 is currently listed for sale with an asking price of $159,900. Searsdale Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.kaszycarealestate.com today.