Guy Swingle
BEDS4
BATHS2 full
SQUARE FEET1,561
MLS#5258856
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONTomasch
SCHOOLCleveland Municipal - 1809
Property Description
Excellent investment opportunity on Cleveland's west side! This renovated duplex offers two spacious units, each featuring 2 bedrooms and 1 full bathroom. The property has undergone extensive improvements, including a new roof, updated plumbing, new furnaces and ductwork, and updated framing and drywall, providing peace of mind for the next owner. The downstairs unit is currently occupied at $895 per month, with a lease running through November 30, 2027. The upstairs unit is vacant and ready for a new tenant or owner-occupant, with a similar estimated market rent of $895 per month. At full occupancy, the property offers a projected gross rental income of $1,790 per month, or $21,480 annually. Whether you're looking to expand your rental portfolio or live in one unit while generating income from the other, this updated duplex offers a fantastic opportunity on Cleveland's west side!
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Cooling: Ceiling Fan(s)
Heating: Forced Air
Lot Size: 0.08 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $1,084 / year
Year Built: 1920
Feature Descriptions
Exterior: Aluminum Siding, Vinyl Siding
Parcel#: 016-21-066
Parking: Driveway
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
Listed By / Shown By
Listed By
Agency Name: Key Realty
Agency Contact: josh@janusdevelopment.co, 216-284-6736
Shown By
Agent Name: Guy Swingle
Agent Phone: (330) 421-0660
Agency Title: M.C. Real Estate
Estimate Your Payment
Estimated Payment
$ 518.26 per month $378.35 Principal & Interest $90.33 Property Tax $49.58 Homeowner's InsuranceChange Payment Information
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4718 Gedeon Avenue | MLS# 5258856
This multi-family property located at 4718 Gedeon Avenue , Cleveland, OH 44102 is currently listed for sale with an asking price of $170,000. Gedeon Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on gswingle.mcrealestateohio.com today.