Turnkey cash-flowing duplex in Cleveland fully renovated in 2023 and ready for immediate returns. This well-maintained two-family property features one occupied unit and one unit with a tenant secured starting May 1st, minimizing vacancy risk and ensuring consistent income. The upstairs unit will rent for $1,150/month with a 3-year lease in place, while the downstairs unit is an Eden-supported tenant generating $1,170/month ($958 Eden + $212 tenant portion) with a 3-year lease, bringing total monthly income to $2,320 ($27,840 annually). The property has been updated with new furnaces and hot water tanks, offering low maintenance and reduced capital expenditures. Additional highlights include a dry basement, solid overall condition, and all appliances owned by the seller and included in the sale. This is an easy, turnkey investment ideal for investors seeking stable, long-term cash flow with minimal upfront work. Property is being sold as-is as part of a package with 3568 West 67th Street, Cleveland, OH 44102, creating an opportunity to acquire multiple performing assets with strong income already in place. Will be sold as a package with a cash flowing tri-plex at 3568 W 67th St Cleveland Ohio 44102.
Listed By
Agency Name: Chosen Real Estate Group
Agency Contact: 330-249-3499, office@chosenrealtyco.com
Shown By
Agency Title: DeHOFF REALTORS
Agency Phone: 330-499-8153
Estimated Payment
$ 1,164.99 per month $923.28 Principal & Interest $180.75 Property Tax $60.96 Homeowner's Insurance
1222 E 172nd Street | MLS# 5196692
This multi-family property located at 1222 E 172nd Street, Cleveland, OH 44119 is currently listed for sale with an asking price of $209,000. E 172nd Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.dehoff.com today.