12500 Soika Avenue, Cleveland, OH 44120

Property Description

TONS OF NEW UPDATES!! This duplex was recently taken off market so the sellers could make serious improvements that included adding a new hot water tank and new furnace, the basement was cleaned, waterproofed using dry lock and the electrical was also improved. The front porch got a new roof and the exterior was painted. Both units are vacant and offer you the opportunity to place a tenant of your choosing. Each unit features 2 bed, 1 bath that could be occupied for at least $850/ mo for a total of $1700/mo or $20,400/ year with section 8 likely offering much more. Tenants pay their own gas and electric. Current taxes are just $735/year making expenses extremely low and you cash flow extremely high. Previous updates include new carpet in the units and new gas lines. It is located just 4 minutes from Shaker Square! Tenants will love the location thanks to the shopping and restaurants in the shaker square and Larchmere neighborhoods nearby. Local transportation is plentiful in this area and the Cleveland Clinic is less then 15 minutes away. Great opportunity for sec 8 and/or to house hack. Showings are easy. *Please read showing notes for access* If you saw if before, its worth seeing again!