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3616 East 59th Street

Cleveland OH 44105

4
3
2
0.12 ac.
Duplex
Currently for sale - view listing

Overview

Here’s your opportunity to add a turnkey, income-producing duplex to your portfolio in the up-and-coming Slavic Village neighborhood! One unit is already rented for $1,250/month, while the second unit is vacant, updated, and ready for immediate tenant placement, allowing the next owner to quickly maximize the property’s income potential. Both units have been updated with vinyl windows, LVP flooring, newer kitchen cabinets, and newer bathroom vanities, offering durable, low-maintenance finishes that tenants love. The property also features low-maintenance aluminum siding and a newer oversized 2-car garage, providing excellent off-street parking and added value. The numbers are where this property really shines. With $1,250/month already in place and a second unit ready to lease, this duplex offers an excellent opportunity to generate strong cash flow with immediate upside. Lease the vacant unit and unlock the full income potential from day one. For added peace of mind, the property is rental registered and holds a Lead Safe Certificate, making it an especially attractive option for investors looking for a property that is already positioned for rental operations. Located in Slavic Village, a neighborhood benefiting from ongoing investment and redevelopment, this is the type of property that checks all the boxes: income, updates, low maintenance, parking, compliance, and upside.

Features

4 bedrooms
3 bathrooms
2 carspaces
2 garage spaces
0.12 ac. lot size
Duplex

Property history for 3616 East 59th Street

2024
Sold
$60,000
04 Nov 2024 by Leilani M Bowersock, of Coldwell Banker Schmidt Realty

Happy sellers in Cleveland

85%
85% of sellers in Cleveland reported that their sale price either exceeded or met their price expectations.

Cleveland stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Cleveland over the last 12 months.

Local market activity for 4 bedroom duplexes in Cleveland

In the last 12 months, 87 four-bedroom duplexes similar to 3616 East 59th Street, have been sold.

This represents a 24% increase in four-bedroom duplexes sales when compared to the previous 12 months.

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