Listed By
Agency Name: Keller Williams Living
Agency Contact: Erinthomas@kwcommercial.com, 440-670-2300
Shown By
Agent Name: Leah Ackerman
Agent Phone: (614) 306-5050
Agency Title: Cutler Real Estate
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Property Description
* No seller financing* This recently renovated duplex offers strong in-place income with immediate upside. This property has been updated with new furnaces, new roof, new windows, updated flooring, fresh paint, modern kitchens, and renovated bathrooms. The home is also Lead Certified! The lower two-bedroom unit is occupied by a EDAN tenant whose has been there 3 years at $800/month, currently month to month lease. The upper two-bedroom unit is vacant and rent-ready. Market rent supports at least $950/month, with higher potential through Section 8 placement. Comps support a full ARV up for $165,000. Conveniently located near University Circle, offering easy access to shops, restaurants, colleges, museums, and major employers, including close proximity to the Cleveland Clinic?making this an attractive option for traveling nurses, healthcare professionals, and college students. A true turnkey duplex with stable income today and clear opportunity to increase cash flow with minimal effort.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full, Unfinished
Basement: Yes
Cooling: None
Days on Market: 38
Heating: Forced Air
Lot Size: 0.12 Acres
Roof Type: Asphalt
Stories: 2.0
Taxes: $1,105 / year
Year Built: 1920
Feature Descriptions
Exterior: Vinyl Siding
Laundry: In Basement
Lot: Back Yard
Parcel#: 128-12-046
Parking: Driveway
Sewer: Public Sewer
Water: Public
Window: Double Pane Windows
Local Schools
School District: Cleveland Municipal - 1809
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Estimated Payment
$ 686.71 per month $561.09 Principal & Interest $92.08 Property Tax $33.54 Homeowner's InsuranceChange Payment Information
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9616 Lamontier Avenue | MLS# 5177038
This multi-family property located at 9616 Lamontier Avenue, Cleveland, OH 44104 is currently listed for sale with an asking price of $115,000. Lamontier Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.leahackerman.com today.