2756 E 122nd ST new Save Request In-Person Tour Request Virtual Tour
Cleveland,OH 44120
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,850 sqft
Price per Sqft $75
Subdivision City/Cleveland
MLS Listing ID 5167411
Bedrooms 4
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 1,850
Year Built 1915
Annual Tax Amount $1,308
Tax Year 2024
Lot Size 3,990 Sqft
Acres 0.0916
Property Sub-Type Duplex
Stories Two
Story Two
Property Description
Calling all INVESTORS!! Check out this well-maintained 2-unit property in the desirable 44120 zip code. Both units are tenant occupied for $900/month at fixed term lease through 10/31/26. Beautiful hardwood floors throughout with large dining and family rooms. Low-maintenance vinyl windows. Mechanicals in good working order with upper unit supplied by a high efficient tankless hot water heater. Gross rent of $1,800 per month or $21,600/year! This property EASILY beats the 1% Rule and 10-Cap benchmark.
Location
State OH
County Cuyahoga
Rooms
Basement Concrete,Unfinished
Interior
Heating Forced Air,Gas
Cooling None
Fireplace No
Laundry Washer Hookup,Electric Dryer Hookup
Exterior
Parking Features Detached,Garage
Garage Spaces 2.0
Garage Description 2.0
Fence Back Yard
Water Access Desc Public
Roof Type Asphalt
Private Pool No
Building
Lot Description Corner Lot
Foundation Block
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 129-15-090
Acceptable Financing Cash,Conventional,1031 Exchange
Listing Terms Cash,Conventional,1031 Exchange