Property Description

Rare multifamily opportunity in highly sought-after Rocky River! Whether you are looking to expand your investment portfolio or owner-occupy while generating income, this well-maintained property offers flexibility, strong rental potential, and an unbeatable location. The property features large open floor plans, spacious bedrooms, and a classic brick exterior with numerous recent updates already completed for the next owner. Recent improvements include a remodeled lower unit featuring new paint, flooring, kitchen cabinets, butcher block countertops, and updated bathroom finishes including new cabinetry and flooring. Additional major updates include a new upstairs A/C unit (June 2025), two new hot water tanks (June 2025), and a new garage roof completed in 2024. Current income potential is already established with one long-term tenant paying $1,250/month, while the second unit is currently operated as a successful mid-term rental generating approximately $1,700/month with consistent occupancy. Ideally located just minutes from downtown Cleveland, highway access, shopping, dining, parks, and everything Rocky River has to offer. Opportunities like this in one of Northeast Ohio's most desirable communities do not come around often.

Property Features

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