16317 Huntmere AVE new Save Request In-Person Tour Request Virtual Tour
Cleveland,OH 44110
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,526 sqft
Price per Sqft $85
Subdivision Walworth
MLS Listing ID 5104310
Bedrooms 4
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 1,526
Year Built 1920
Annual Tax Amount $1,441
Tax Year 2023
Lot Size 4,800 Sqft
Acres 0.1102
Property Sub-Type Duplex
Property Description
Unlock immediate cash flow with this hassle-free, income-generating investment opportunity! This turn-key duplex, features two 2-bedroom, 1-bathroom units, generating $1,700 per month in rental income. This well-maintained, income-producing property offers immediate cash flow and low-maintenance ownership, making it an ideal addition to any portfolio. Both units boast spacious layouts, updated mechanicals, and interior and exterior renovations, ensuring tenant satisfaction and long-term occupancy.
This duplex is part of a larger 6-property, 8-unit portfolio boasting a gross income of $97,800 annually and a strong 11% CAP rate, making it an ideal purchase for investors looking to scale quickly with tenanted, cash-flowing assets.Whether you're looking to acquire a single rental or expand your holdings with a cash-flowing portfolio, this is a rare chance to secure stable, high-yield assets.
Contact the listing agent today for more details on this property and the full portfolio!
Location
State OH
County Cuyahoga
Rooms
Basement Common Basement,Full
Interior
Heating Forced Air,Gas
Cooling None
Fireplace No
Appliance Dryer,Dishwasher,Range,Refrigerator
Laundry Common Area,In Basement
Exterior
Parking Features Detached,Garage,Paved
Garage Spaces 2.0
Garage Description 2.0
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 113-19-070
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional