10121 Parkgate Avenue

Cleveland OH 44108

2753 sq. ft.

0.1 ac.

Duplex

Currently for sale - view listing

Overview

Fully occupied and income-producing duplex offering 6 bedrooms with potential to convert the third floor into an additional rental unit. Both existing apartments are currently rented for a combined $1975/month, with clean, reliable tenants who pay on time. Recent improvements include two new gas furnaces, LVP flooring throughout, updated plumbing, new vinyl windows on the 2nd floor, completed 25-year lead inspection, rental registration, and furnace certifications. Both units also feature basement laundry hookups with additional storage space for tenants. The first-floor unit offers 2 bedrooms and 1 full bath, featuring a spacious open living room flowing into the formal dining room, two generously sized bedrooms, and a full bath. This unit has been renovated with fresh paint, updated lighting, LVP flooring, a new gas furnace, updated plumbing, and more. The dining room light fixture shown in the photos has also been upgraded. The second-floor unit offers 3 bedrooms and 2 full bath with beautiful original hardwood woodwork throughout. Updates include new LVP flooring, gas furnace, plumbing, lighting, and fresh paint. The third floor has new flooring. This space presents an opportunity to add another rental unit and increase future income, subject to buyer verification and applicable requirements. Smoke-free property with strong rental history and excellent income potential.

Features

5 bedrooms

3 bathrooms

2753 sq. ft. floor area

0.1 ac. lot size

Duplex

Property history for 10121 Parkgate Avenue

2022

Sold

$75,000

23 Jun 2022 by Lori Sanford, of Key Realty

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