Incredible investment opportunity on Cleveland's west side?perfect for both new and seasoned investors! This well-located duplex in the West Boulevard area generates $2,125 per month in gross rental income. The first-floor unit features two bedrooms and one bathroom and is leased for $1,075 per month, month-to-month. The second-floor unit also includes two bedrooms and one bathroom, leased for $1,050 per month through September 30, 2026. Additionally, the property has a third-floor efficiency with a bedroom, full bathroom, and kitchenette, currently vacant. The seller does not warrant that this unit can be legally rented, but there may be potential to rezone the property as a triplex or reconfigure the upper unit into a three-bedroom, two-bath layout to increase cash flow. Tenants are responsible for their own gas and electricity, while the owner pays for water and sewer. This is an excellent opportunity to acquire a strong income-producing property with upside potential in one of Cleveland's fastest-growing west-side neighborhoods.
Listed By
Agency Name: REAFCO
Agency Contact: patrick@reafco.com, 614-412-4565
Shown By
Agency Title: Sulek & Experts Real Estate
Agency Phone: (740)699-0909
Estimated Payment
$ 931.78 per month $433.99 Principal & Interest $440.92 Property Tax $56.88 Homeowner's Insurance
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3319 W 111th Street | MLS# 5233294
This multi-family property located at 3319 W 111th Street , Cleveland, OH 44111 is currently listed for sale with an asking price of $195,000. W 111th Street is located within the Cleveland Hts-Univer - 1810 school district. Search Cleveland real estate on www.sulekandexperts.com today.