3319 West 111th Street

Cleveland OH 44111

0.11 ac.

Duplex

Currently for sale - view listing

Overview

Incredible investment opportunity on Cleveland’s west side—perfect for both new and seasoned investors! This well-located duplex in the West Boulevard area generates $2,125 per month in gross rental income. The first-floor unit features two bedrooms and one bathroom and is leased for $1,075 per month, month-to-month. The second-floor unit also includes two bedrooms and one bathroom, leased for $1,050 per month through September 30, 2026. Additionally, the property has a third-floor efficiency with a bedroom, full bathroom, and kitchenette, currently vacant. The seller does not warrant that this unit can be legally rented, but there may be potential to rezone the property as a triplex or reconfigure the upper unit into a three-bedroom, two-bath layout to increase cash flow. Tenants are responsible for their own gas and electricity, while the owner pays for water and sewer. This is an excellent opportunity to acquire a strong income-producing property with upside potential in one of Cleveland’s fastest-growing west-side neighborhoods.

Features

5 bedrooms

4 bathrooms

2 carspaces

2 garage spaces

0.11 ac. lot size

Duplex

Property history for 3319 West 111th Street

2022

Sold

$105,000

11 May 2022 by Scott Wallace, of Cardum

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