10103 Lamontier Avenue Cleveland, OH 44104

Property Description

Portfolio builders and out-of-state investors: look no further for a high-performing, low-maintenance addition to your real estate portfolio. This up-and-down Cleveland duplex is the ultimate hands-off investment property, offering heavy capital improvements, Lead Paint Certified status for ultimate peace of mind, and an unbeatable rent-to-value ratio. The upper unit is already optimized for immediate, reliable cash flow, actively rented through October 30th, 2026, for $1,100 per month with top-tier Professional Property Management already in place. The expensive, big-ticket mechanical and structural items are completely done. The property features a new roof (2022), durable vinyl siding, and all-newer energy-efficient windows. Downstairs, the basement infrastructure is entirely refreshed with updated plumbing, updated electrical, two newer furnaces, updated ductwork, and two newer hot water tanks, ensuring hassle-free, separate utility management for your tenants with strong Section 8 potential. While the upstairs unit provides reliable, in-place returns from day one, the downstairs unit sits vacant, beautifully remodeled, and rent-ready to command top market value. It features brand-new drywall, fresh neutral paint, durable flooring, and modern fixtures, anchored by a fully remodeled kitchen featuring a 2022 appliance package?including a refrigerator, oven, and microwave?and a crisp, updated full bath. Perfectly situated in Woodland Hills just minutes from a major hospital system, this location guarantees consistent rental demand from healthcare workers and long-term local residents alike. With the heavy lifting already completed, lead certification secured, appliances in place, professional management established, and a vacant unit ready to be filled immediately, this turnkey cash cow is ready for you to acquire today and collect tomorrow. Schedule your showing before this seamless investment is gone!

Property Features

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