Turnkey, Fully Renovated Duplex – 12% Cap Rate & Well Above the 1% Rule!
Don’t miss this fully rehabbed, turnkey duplex with the potential to generate up to $2,800 per month in rental income. Boasting an impressive 12% cap rate and performing well above the 1% rule, this is an outstanding opportunity for investors seeking strong cash flow. It’s also the perfect house hack—live in one unit while the other helps cover your mortgage. Tenant placement assistance is available if needed.
This property has been completely updated from top to bottom, including brand-new kitchens, bathrooms, plumbing, electrical, HVAC, windows, siding, a new driveway, and a new two-car garage. There isn’t a corner of this home that hasn’t been thoughtfully renovated.
Each unit features 2 bedrooms, and the finished attic offers the potential to be used as a third bedroom, office, or bonus living space, adding even more value and flexibility.
Conveniently located just minutes from downtown Cleveland and seconds from major highways, this property offers easy access to shopping, dining, entertainment, and commuting.
Whether you’re an investor looking for a high-performing, turnkey asset or a buyer searching for the perfect house hack, this property checks every box. Opportunities like this don’t come around often—schedule your showing today!
18 days
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604
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43
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Zillow last checked:
Listing updated:
Listed by:
Billy Seder216-215-0000billyseder@howardhanna.com,
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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