Property Description
4104 Woburn - Duplex with Storefront
Great investment opportunity featuring a two-unit duplex with a storefront/bonus space currently used for storage. Both residential units offer an identical layout with 2 bedrooms, a living room, a dining room, and 1 bathroom.
The downstairs unit is currently vacant, making it easy to show. The upstairs unit is tenant occupied at $900/month on a month-to-month lease, and the tenant would like to remain long term. Landlord currently pays water and sewer. Tenant pays all their utilities. Estimated market rent for the downstairs unit is approximately $1,200/month, offering potential for increased rental income. Recent updates include: Newer vinyl windows; New roof; New mechanical systems; New hot water tanks; New furnaces; New luxury vinyl flooring.
The storefront/storage space, downstairs unit, and basement are available for viewing. The upstairs unit will only be shown after a bona fide offer has been submitted. The property offers numerous possibilities for an owner-occupant or investor, including the potential to utilize the storefront/bonus space for additional income or other permitted uses. Live in one unit and rent the other, or add this property to your rental portfolio. Located in a neighborhood with strong rental demand, this property offers an attractive combination of existing cash flow and potential upside.
Priced to sell. Don't miss this opportunity! Schedule your showing today. (Please do not disturb or communicate with the upstairs tenant).
Property Features
Property Type: Commercial - Business
Basement: Yes
Basement: Common Basement, Full, Unfinished
Cooling: Ceiling Fan(s)
Days on Market: 1
Heating: Forced Air
Lot Size: 0.12 Acres
Roof Type: Asphalt, Flat
Stories: 2.0
Taxes: $1,594 / year
Year Built: 1920
Feature Descriptions
Building Features: Private Restrooms
Parcel#: 014-14-173
Sewer: Public Sewer
Units: 3
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
4104 Woburn Avenue | MLS# 5240103
This commercial property located at 4104 Woburn Avenue, Cleveland, OH 44109 is currently listed for sale with an asking price of $159,000. Woburn Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.kaszycarealestate.com today.