9616 Lamontier Avenue
Cleveland, OH 44104

Listed at $115,000

Details

  • MLS# 5177038
  • Multi Unit - Multiple
  • Status Active
  • 4 Bedrooms
  • 2 full Bathrooms
  • 2,641 Square Feet
  • 0.120 acres
  • Built in 1920
  • Cleveland Municipal - 1809 Local Schools
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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...read more 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.

Features

  • None
  • Forced Air
  • 2.0 Stories
  • $1,105 / year Taxes
  • Public
  • Built in 1920
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All Property Features

  • Property Type: Multi Unit - Multiple
  • Basement: Full, Unfinished
  • Basement: Yes
  • Cooling: None
  • Days on Site: 86
  • Exterior: Vinyl Siding
  • Heating: Forced Air
  • Laundry: In Basement
  • Lot Description: Back Yard
  • Lot Size: 0.12 Acres
  • Parcel#: 128-12-046
  • Parking: Driveway
  • Roof Type: Asphalt
  • Sewer: Public Sewer
  • Stories: 2.0
  • Taxes: $1,105 / year
  • Water: Public
  • Window: Double Pane Windows
  • Year Built: 1920