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Key Details
Sold Price $24,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,509 sqft
Price per Sqft $9
Subdivision Warren
MLS Listing ID 5022376
Sold Date 04/29/24
Bedrooms 7
Full Baths 2
Construction Status Fixer
HOA Y/N No
Abv Grd Liv Area 2,509
Year Built 1910
Annual Tax Amount $175
Tax Year 2023
Lot Size 5,601 Sqft
Acres 0.1286
Property Sub-Type Duplex
Property Description
Attention Investors: Huge Duplex Rehabilitation Project in Collinwood!
Calling all buy-and-hold investors! This 7-bedroom, 2-bathroom duplex in Cleveland's Collinwood neighborhood presents a fantastic opportunity for those seeking high returns. The spacious layout features a 3-bed, 1-bath unit downstairs and a 4-bed, 1-bath unit upstairs, offering excellent potential rental income.
Full Renovation Required: Be aware, this property is a full rehab project. While sweat equity is needed, the potential rewards are significant. Upon renovation, this large duplex can be rented out at premium Section 8 rates, maximizing your return on investment.
More photos to be added soon.
Ideal for Buy-and-Hold Investors: With its generous size and potential for high rent, this duplex is perfect for investors seeking a long-term hold. Rehabilitate, rent out, and enjoy steady income for years to come.
Location
State OH
County Cuyahoga
Rooms
Basement Full, Unfinished
Interior
Heating Hot Water, Radiator(s), Steam
Cooling None
Fireplace No
Exterior
Parking Features Driveway
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Construction Status Fixer
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 115-09-046
Financing Cash
Special Listing Condition Standard
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Bought with Jack Krusinski • RE/MAX Above & Beyond
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