3909 Memphis Avenue

Cleveland OH 44109

2354 sq. ft.

0.1 ac.

Duplex

Currently for sale - view listing

Overview

Turnkey FURNISHED duplex in Old Brooklyn, fully leased and ready for immediate cash flow. Inspection report available under supplements. The lower unit is leased at $1,600 per month with utilities included. The upper unit is in the process of securing with an Eden tenant at $1,700 per month with an expected move in end of June or sooner. Bring potential income to $3,000, utilities are included in the rent. Fully furnished and located minutes from MetroHealth Main Campus, this property previously operated as a successful Airbnb and offers strong potential for short term or midterm rental income. Extensive renovations include new flooring, windows, kitchens, bathrooms, drywall, insulation, trim, doors, and appliances. Features include central air, secure entry with automated locks, private supply closets, and a security system with video doorbell and remote access. The upper unit offers a flexible layout with a bonus space that could be enclosed for additional value. A concrete pad is in place for a future garage. All furnishings included at the current offer price. Prime location near the Cleveland Metroparks Zoo, Brookside Reservation, and downtown Cleveland.

Features

5 bedrooms

2 bathrooms

2354 sq. ft. floor area

0.1 ac. lot size

Duplex

Property history for 3909 Memphis Avenue

2020

Sold

$97,000

31 Dec 2020 by Genita Smith, of OPP Realty & Asset Management Group

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