Welcome to this rare find in Garfield Heights. This solid up and down stairs multi-family property offers a prime opportunity for both investors or owner occupants seeking immediate value and long-term upside. Each unit features two bedrooms, one full bath, a spacious living room, formal dinning room and a full kitchen delivering functional layouts that appeal to today’s tenants. Whether you are looking to generate consistent rental income or occupy one unit while offsetting your mortgage with the other, this property checks all the boxes.
The downstairs unit was renovated prior to the current tenant moving in just over a year ago, offering updated finishes and immediate income potential. The upstairs unit presents a great opportunity for added value, requiring cosmetic updates including new flooring or carpeting, along with minor drywall work. The third floor attic presents a high potential bonus space that can be easily to create additional living area or increased rental income adding another layer of value to this already versatile asset. Additional features include a large two and a half car garage, a professionally waterproofed basement with glass blocked windows, updated water tanks, furnaces, electrical and plumbing. This home is conveniently located near dining, shopping, schools, public transportation and the cities community center. Add this one to your list to tour it is a well rounded opportunity at a great value. Schedule your showing today and see everything this property has to offer. Seller will entertain all reasonable offers.
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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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