12010 Derby Avenue, Garfield Heights, OH 44125

$169,900
  • 12010 Derby Avenue, Garfield Heights, OH 44125 Main Photo

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New to the Market Active
BEDS3 BATHS2 full MLS#5228299
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONCrofton Overlook SCHOOLGarfield Heights City

Property Description

Great opportunity for an investor looking for immediate cash flow in Garfield Heights! This two-unit property features a spacious lower unit with 2 bedrooms currently leased at $1,050/month and an upper unit with 1 bedroom leased at $875/month, both on annual leases, generating combined gross rental income of $1,925/month ($23,100/year), with low utility costs ? water billed at $15/month and sewer at $32/month through the City of Cleveland. With both units occupied by paying tenants, this property offers steady, hands-off income from day one, making it an excellent addition to any rental portfolio or a solid entry point for investors looking to expand in the Cleveland southeast suburbs. Don't miss this fully-leased, cash-flowing duplex ? schedule your showing today!

12010 Derby Avenue | MLS# 5228299

This multi-family property located at 12010 Derby Avenue, Garfield Heights, OH 44125 is currently listed for sale with an asking price of $169,900. Derby Avenue is located within the Garfield Heights City school district. Search Garfield Heights real estate on www.dehoff.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full
Basement: Yes
Cooling: Window Unit(s)
Garage: 2
Heating: Forced Air
Lot Size: 0.11 Acres
Roof Type: Asphalt
Stories: 2.0
Taxes: $3,727 / year
Year Built: 1925

Feature Descriptions

Days on Site: 3
Exterior: Vinyl Siding
Parcel#: 542-36-054
Parking: Driveway, Garage
Sewer: Public Sewer
Water: Public

Local Schools

School District: Garfield Heights City

Listed By / Shown By

Listed By

Agency Name: M. C. Real Estate
Agency Contact: Scheel.Matt7@gmail.com, 330-241-1219

Shown By

Agency Title: DeHOFF REALTORS
Agency Phone: 330-499-8153

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Estimated Payment

$ 1,110.69 per month $750.56 Principal & Interest $310.58 Property Tax $49.55 Homeowner's Insurance

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