2278 E 70th StreetCleveland, OH 44103

Property Description

Attention investors and rehabbers! Don't miss this incredible value add opportunity, minutes from the Cleveland Clinic, and Downtown Cleveland. This spacious duplex features a 3 bedroom, 1 bath lower unit and an oversized 5 bedroom, 1 bath upper unit, offering excellent income potential once renovations are complete. (Sec 8 payment standards for a 3 bedroom in this zip code calls for $1,559 and for the 5 bedroom $1,910). Over 20% return! The lower unit has already been demoed and white boxed, providing a clean slate for the next owner to finish according to their own vision and standards. Upstairs, much of the heavy lifting has already been done with a nicely updated kitchen, an attractive bathroom, and leveled floors. Electrical and plumbing updates throughout. It's ready for the new owner to complete the remaining finishes and bring this large duplex to its full potential. The exterior has already seen significant improvements, including a new roof, new siding, and vinyl replacement windows throughout, helping reduce future maintenance costs and adding long-term value. With its generous square footage, desirable unit mix, and tremendous upside in rental income, this property is an outstanding opportunity for investors looking to add a high-performing asset to their portfolio. Whether you're planning a buy-and-hold investment or a value-add renovation project, this duplex offers the space, updates, and potential to maximize your return. Schedule your showing today and explore everything this property has to offer!

Property Features

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