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Listed By
Agency Name: Howard Hanna
Agency Contact: billyseder@howardhanna.com, 216-215-0000
Shown By
Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575
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Property Description
Completely rehabbed turnkey duplex offering immediate income potential and long-term durability. This fully rehabbed 2,800 sq ft property was renovated down to the studs, with all major systems and finishes newly installed, eliminating deferred maintenance and future capital expenses. The upper unit features 4 bedrooms, while the lower unit offers 3 bedrooms; both units include private laundry rooms, brand-new kitchens and bathrooms, new appliances, and modern finishes throughout. A tenant is lined up for both units and can be placed at closing at the buyer's discretion. Combined, both units have the potential to generate approximately $2,900 per month in total rental income. Major improvements include new HVAC, new plumbing and electrical, a new roof and siding, a brand-new garage and driveway, and new flooring throughout. Designed for consistent returns and minimal upkeep, this property is ideally located just 5 minutes from Downtown Cleveland, 2 minutes from MetroHealth Hospital, and near the lakefront, Rock & Roll Hall of Fame, and major employment centers, placing it in a high-demand rental area. This is a true turnkey investment, close and start generating income immediately.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: None
Days on Market: 3
Garage: 2
Heating: Forced Air
Lot Size: 0.21 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $2,247 / year
Year Built: 1910
Feature Descriptions
Appliances: Microwave, Range, Refrigerator
Exterior: Vinyl Siding
Laundry: In Unit
Parcel#: 015-20-089
Parking: Driveway
Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
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Estimated Payment
$ 1,737.93 per month $1,463.21 Principal & Interest $187.25 Property Tax $87.47 Homeowner's InsuranceChange Payment Information
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3118 Mapledale Avenue | MLS# 5184400
This multi-family property located at 3118 Mapledale Avenue, Cleveland, OH 44109 is currently listed for sale with an asking price of $299,900. Mapledale Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.cutlercigroup.com today.