2054 W 83rd ST new Save Request In-Person Tour Request Virtual Tour
Cleveland,OH 44102
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,314 sqft
Price per Sqft $66
Subdivision Dc Taylors Sub
MLS Listing ID 5090864
Bedrooms 6
Full Baths 3
Year Built 1920
Annual Tax Amount $2,882
Tax Year 2023
Lot Size 4,761 Sqft
Property Description
Don't miss this great investment opportunity! Featuring a front duplex and a charming house in the back, all situated on one lot in a highly desirable location. The duplex offers two spacious 2-bedroom, 1-bath units with strong rental potential. The vacant upstairs unit is currently listed for rent at $850/month, while the downstairs unit, occupied by a long-term, month-to-month tenant, generates $950/month in rental income. The single family house in the back presents a fantastic opportunity for some sweat equity—requiring work, it's a great chance to increase your rental income. Once rehabbed, the house could easily rent for $1,000/month or more, further boosting the property's potential.
With recent updates to the duplex, these units are move-in ready and offer immediate cash flow. The property is professionally managed, simplifying your investment experience. In a prime location with strong rental demand, this property is a must-see for both seasoned investors and newcomers looking to expand their portfolios. Don't let this incredible opportunity pass you by!
Location
State OH
County Cuyahoga
Interior
Heating Forced Air,Gas
Cooling Other
Laundry None
Exterior
Parking Features Paved
Roof Type Asphalt,Fiberglass
Building
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Special Listing Condition Standard