11302 Parkview Avenue

Cleveland OH 44104

0.16 ac.

Duplex

Currently for sale - view listing

Overview

Cash flow is calling, and this duplex is answering! Whether you're a seasoned investor or adding another income-producing property to your portfolio, this one checks all the boxes: dependable income, strong upside, and truly hands-off ownership. The upper unit is occupied by a CMHA tenant paying $967 per month, providing the kind of guaranteed rental income every investor appreciates—a check showing up month after month like clockwork. The lower unit is vacant and ready for tenant placement, giving you immediate upside and the opportunity to increase your returns right away. Looking for passive income without the landlord headaches? You're in luck. Professional property management is already in place and willing to stay on, making this about as close to a "buy it and let it work for you" investment as you'll find. The property has seen numerous updates, including a newer dimensional shingle roof, newer vinyl windows throughout, and updated 100-amp electrical panels. Both units have been improved, and the vacant lower unit showcases gorgeous hardwood floors in the living and dining rooms that tenants are sure to love. Even better, the property already has its City of Cleveland rental registration and Lead Safe Certification in place, saving the next owner both time and money and making for an easy transition from closing day to collecting rent. This is the kind of duplex investors chase—guaranteed income, tremendous cash flow potential, professional management, and major compliance items already taken care of. Place a tenant downstairs (or have the current PM do it for you), sit back, and let this property start paying you from day one.

Features

4 bedrooms

2 bathrooms

0.16 ac. lot size

Duplex

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