3111 W 71st StreetCleveland, OH 44102

Property Description

New roof put on in 2022. This side-by-side duplex isn't a pretty green color, however, it pulls in plenty of nice green cash flow when fully occupied. Seller has just rehabbed the 3113 unit and it is available for immediate showing; this is the unit pictured. Unit 3111 was rehabbed in 2022 (not pictured but finished similar to 3113) with LVP flooring, new paint, new fixtures. Unit 3113 will sold vacant. Rentometer suggests rents there average $1,015 per side Current tenant at Unit 3111 is under a year lease to expire November 30, 2026 for $975 and they pay gas, electric, water and sewer. Furnaces work, both sides have gotten new HWTs; (left side in 2026) (right side in 2022). The garage on the property has a key, but for now it is storage for owners rehab supplies and access will be provided upon accepted offer. Garage dimensions are 35' long, 16' wide and 17' high with a large bay door that manually opens (no electronic opener on it) and would be able to drive extra income as a storage building. Flat roof over garage has a small hole at the rear of the structure. Do not disturb tenants on the left side (3111), but they do know the home is being sold. Tenants on the left side of the home also have cameras above their front door for security; they own them. Seller is a licensed real estate agent in the State of Ohio.

Property Features

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