Property Description
Turnkey cash-flowing 3-unit investment opportunity in Cleveland featuring two properties on one lot. The front building is a fully renovated duplex (2023) with both units occupied by reliable tenants, including Section 8 income for added stability. The upstairs unit rents for $1,170/month with a lease through March 2027, while the downstairs unit generates $1,310/month ($921 tenant + $389 Section 8) with a lease through April 2028. The rear single-family home is in good condition and rents for $900/month with a lease in place through 2028. Both the duplex and single-family home have newer furnaces and hot water tanks, minimizing near-term capital expenses. The property produces $3,380/month ($40,560 annually) in gross rental income and offers immediate cash flow with long-term tenants already in place. This is a low-maintenance, stabilized asset ideal for investors seeking consistent returns. Property is being sold as a package with a cash flowing duplex at1222 E 172nd St, Cleveland, OH 44119.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full
Basement: Yes
Cooling: None
Days on Market: 57
Heating: Forced Air
Lot Size: 0.14 Acres
Roof Type: Asphalt, Fiberglass
Stories: 3.0
Taxes: $5,268 / year
Year Built: 1914
Feature Descriptions
Appliances: Range
Exterior: Vinyl Siding
Parcel#: 013-02-024
Parking: No Garage, Paved
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
3568 W 67th Street | MLS# 5196564
This multi-family property located at 3568 W 67th Street, Cleveland, OH 44102 is currently listed for sale with an asking price of $269,000. W 67th Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.kaszycarealestate.com today.