Property Description
Attention investors! Incredible opportunity on Cleveland's east side. Large 5 bed, 3 bath duplex (or triplex). First floor unit is a 2 bed / 1 bath, freshly remodeled with new LVP throughout, and currently rented at $1,000 per month on an annual lease. Second floor unit is also a 2 bed /1 bath, remodeled with natural hardwood floors and woodwork throughout. The 3rd floor functions as its own 3rd unit with 1 bed/ 1 bath, kitchen and living room - or can be rented as part of the second floor unit, making it 3 beds/ 2 baths. Second and third floor are vacant, allowing for the new owner to do as they please. Vinyl windows throughout. Once fully occupied, income could exceed $2,500 per month - $30,000 annually! 18%+ ROI. Don't miss out on the chance to add this lucrative property your rental portfolio. Schedule a showing today and make it yours!
Property Features
Property Type: Multi Unit - Multiple
Basement: Full, Unfinished
Basement: Yes
Cooling: None
Days on Market: 14
Garage: 2
Heating: Baseboard, Forced Air
Lot Size: 0.10 Acres
Roof Type: Asphalt, Fiberglass
Stories: 3.0
Taxes: $1,404 / year
Year Built: 1917
Feature Descriptions
Exterior: Vinyl Siding
Parcel#: 110-14-010
Parking: Driveway, Detached, Garage
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
851 Paxton Road | MLS# 5190671
This multi-family property located at 851 Paxton Road, Cleveland, OH 44108 is currently listed for sale with an asking price of $139,900. Paxton Road is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.kaszycarealestate.com today.