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17916 East Park Drive

Cleveland OH 44119

5
2
2
0.19 ac.
Duplex
Currently for sale - view listing

Overview

INVESTOR SPECIAL – TWO-UNIT MULTIFAMILY PROPERTY – – SOLD AS-IS! Attention investors! Here's an opportunity to add a value-add multifamily property to your portfolio. This two-unit property offers a functional layout with a 3-bedroom, 1-bathroom unit on the first floor and a 2-bedroom, 1-bathroom unit on the second floor. The first-floor unit is rent-ready, offering an opportunity for immediate rental income. The second-floor unit requires updating, presenting an opportunity to increase rental value and overall investment potential. Major mechanical features include two hot water tanks, two separate 100-amp electrical panels, and two boiler heating systems. The mechanical systems are in good condition. The roof will need replacement, and the second-floor unit will require renovation. Whether you're an experienced investor or looking to expand your rental portfolio, this property offers the opportunity to renovate, stabilize, and generate income from two separate living units. Property Highlights: Two-unit multifamily investment property First floor: 3 bedrooms / 1 bathroom – rent-ready Second floor: 2 bedrooms / 1 bathroom – needs updating Two hot water tanks Two 100-amp electrical panels Two boiler heating systems Mechanical systems reported to be in good condition Roof replacement needed Sold AS-IS Bring your vision, renovation plans, and investment strategy. Opportunities like this are worth a closer look. Schedule your showing today!

Features

5 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
0.19 ac. lot size
Duplex

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Local market activity for 5 bedroom duplexes in Cleveland

In the last 12 months, 3 five-bedroom duplexes similar to 17916 East Park Drive, have been sold.

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