Turnkey duplex investment opportunity at 7814 Lawn Ave in Cleveland generating $1,200 per month in rental income, with each unit currently renting for $600. The property offers excellent flexibility for investors, as leases are transitioning to month-to-month, including one unit with a lease ending in May that will convert to month-to-month, allowing for potential rent increases or repositioning. Recent updates include a roof reshingled in late 2025 with chimney repairs completed, along with a newly replaced backyard door. This is a solid cash-flowing asset with upside potential, ideal for investors looking to stabilize and grow returns. Conveniently located near I-480, I-77, and I-71, with easy access to Downtown Cleveland, Steelyard Commons, Cleveland Metroparks, and major shopping, dining, and employment centers, making it an attractive option for tenants.
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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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