13414 Ferris AVE new Save Request In-Person Tour Request Virtual Tour
Cleveland,OH 44105
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,728 sqft
Price per Sqft $95
Subdivision Ford Morgan & Frisbies Allotm
MLS Listing ID 5146088
Bedrooms 5
Full Baths 2
Year Built 1920
Annual Tax Amount $11,157
Tax Year 2024
Lot Size 5,601 Sqft
Property Sub-Type Duplex
Property Description
Fully Occupied Duplex with Strong Rental Income! -- Turnkey investment opportunity in a cash-flowing duplex, fully occupied with long-term tenants generating $2,418/month in rental income! Upstairs unit brings in $1,400/month via Section 8, and the downstairs unit is currently month-to-month at $1,018/month, also Section 8. Key updates include a brand-new roof (2021/2022), a hot water tank replaced within the last 1–2 years, and a electrical upgrade completed in 2022 — separating the meters so each unit has its own electric service. Ideal for investors looking for immediate cash flow with minimal maintenance. Owner is a licensed real estate agent in California.
Location
State OH
County Cuyahoga
Interior
Heating Forced Air,Gas
Cooling Other,Wall/Window Unit(s)
Laundry In Unit
Exterior
Parking Features Detached,Garage,Paved
Roof Type Asphalt,Fiberglass
Building
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Acceptable Financing Cash,Conventional,FHA
Listing Terms Cash,Conventional,FHA
Special Listing Condition Standard