6734 Baxter Avenue, Cleveland, OH 44105

$93,500
4
BD
2
BA
1,920
SqFt

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Sold Price
$93,500
List Price
$89,500
Status
CLOSED
Days on Market
33
Closing Date
Jul 09, 2024
MLS#
5039378
Subtype
Residential Income
Year Built
1915
Bedrooms
4
Bathrooms
2
Full Baths
2
Living Area
1,920
Acres
0.10
Subdivision
Morgan
Neighborhood
Morgan
MLS Area Major
Cleveland

Property Description

ATTENTION ALL INVESTOR full occupied turnkey duplex. Welcome to 6734 Baxter Ave., a lucrative duplex in a highly desirable location across from Ben S. Stefanski II Stadium. This vinyl-sided property offers a hassle-free addition to your investment portfolio or an expansion of your existing holdings.Fully occupied with long-term tenants, this duplex ensures immediate income generation. Each unit features 2 bedrooms and 1 bath, providing comfortable living spaces for residents.Enjoy the convenience of tenants paying for gas and electric, while the owner covers water and sewer expenses. Mechanical updates, including electrical, guarantee efficiency and peace of mind for years to come. The roof was replaced in 2003 (thought to be 30 year shingles), adding to the property's value and durability. Benefit from stable rent from reliable tenants who express a desire to remain, providing continuity and stability to your investment. Although rent is currently below market value, there is room for increase, maximizing your returns over time. Additional features include a detached garage and a charming porch, enhancing the property's appeal and functionality. Professionally managed, this investment promises a seamless ownership experience. Don't miss out on this opportunity to capitalize on Cleveland's thriving rental market. Current rent is $700 upstairs & $625 1st floor unit...Below current market rent. Current property manager is willing to continue. Proof of funds or pre approval before showings with some notice. Contact us today to learn more and secure this prime income property!

Additional Information

Taxes
$1,009
Heating
Forced Air
Air Conditioning
None
Stories
2
Levels
Two
Roof
Asphalt, Fiberglass
Parking Features
Detached, Garage
Garage Spaces
1
School District
Cleveland Municipal - 1809

Listing Courtesy of: Christopher A Frederick, thefrederickteam@gmail.com With Coldwell Banker Schmidt Realty

Selling Office: Keller Williams Greater Metropolitan.

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