10552 Elk Ave

Cleveland OH 44108

0.06 ac.

Duplex

Currently for sale - view listing

Overview

10552 Elk Ave is a fully renovated turnkey duplex delivering $1,800/mo in rent (nearly at full proforma of $1,900). Being sold as a 10% cap rate on actual rents. Both units and exterior are fully renovated, with classic Colonial styling, solid frame construction, and asphalt roof. Just 1.3 miles to the Cleveland Lakefront Nature Preserve and only 5 miles down the corridor into Downtown, the property also sits 1.2 miles from Bratenahl, one of Cleveland’s premier luxury enclaves - giving investors reliable cash flow today with location-driven upside as demand continues to push east from the lakefront and downtown core.

Features

4 bedrooms

2 bathrooms

0.06 ac. lot size

Duplex

Property history for 10552 Elk Ave

2016

Sold

$20

25 Apr 2016 by Byron Thompson, of Transaction Realty

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