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1352 Giddings Road

Cleveland OH 44103

6
2
3331 sq. ft.
0.12 ac.
Duplex
Currently for sale - view listing

Overview

Excellent investment opportunity with immediate cash flow! This fully occupied Cleveland multifamily features two spacious 3-bedroom, 1-bath units generating a combined $2,803 per month and $33,636 in annual gross rental income. The downstairs unit is leased to a cash-paying tenant at $1,250 per month on a one-year lease and features new carpet throughout, newer windows, and a refrigerator and stove. The upstairs unit is occupied by a long-term Section 8 tenant paying $1,553 per month and also offers 3 bedrooms, 1 full bath, newer windows, refrigerator, and stove. Additional improvements include two new water heaters, select electrical and plumbing updates, and glass block basement windows. With both units already occupied and producing income, this is a great opportunity for an investor looking to add a solid, income-producing multifamily property to their portfolio. Convenient Cleveland location with access to shopping, dining, major roadways, and Downtown Cleveland. Add this cash-flowing property to your portfolio today!

Features

6 bedrooms
2 bathrooms
3331 sq. ft. floor area
0.12 ac. lot size
Duplex

Happy sellers in Cleveland

~%

We have insufficient information to provide an overview of customer satisfaction for Cleveland. Viewing the agent profiles, reviews and sales for Cleveland can provide insights for this location.

Local market activity for 6 bedroom duplexes in Cleveland

In the last 12 months, 8 six-bedroom duplexes similar to 1352 Giddings Road, have been sold.

This represents a 70% increase in six-bedroom duplexes sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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