2051 W 83rd Street, Cleveland, OH 44102

$290,460
6
BD
2
BA
2,200
SqFt

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Sold Price
$290,460
List Price
$289,900
Status
CLOSED
Days on Market
31
Closing Date
Feb 03, 2025
MLS#
5092345
Subtype
Residential Income
Year Built
1887
Bedrooms
6
Bathrooms
2
Full Baths
2
Living Area
2,200
Acres
0.13
Subdivision
D C Taylors Sub
Neighborhood
D C Taylors Sub
MLS Area Major
Cleveland

Property Description

Fully renovated, section 8 occupied duplex offers exceptional cash flow exceeding the 1% rule with gross rent of $3,071 per month from section 8 tenants, your income is guaranteed. Situated in the west side of Cleveland in a rapidly developing area just south of Madison Avenue and north of I-90, only a few blocks from the vibrant Detroit Shoreway district. The property features two spacious units, each with 3 bedrooms and 1 bath, and is completely renovated in 2024. The home boasts a brand-new roof, all new vinyl siding, all new windows, 2 new furnaces, 2 new hot water tanks, all new plumbing and all new electrical. This home has been renovated with modern upgrades such as luxury vinyl plank (LVP) flooring in every room, the kitchens have been updated with new cabinets, granite countertops, tile backsplash and the bathrooms showcase stylish new tile and vanities. The property is as close to new construction as it gets. Located in one of Cleveland's most promising neighborhoods, this property offers incredible long-term potential and immediate returns. Don't miss out on this turnkey investment opportunity! Call the listing agent today to learn about an opportunity to have free property management and NO repairs / maintenance cost for a year!!

Additional Information

Taxes
$1,238
Appliances
Range, Refrigerator
Heating
Forced Air, Gas
Air Conditioning
None
Stories
2
Levels
Two
Roof
Asphalt, Fiberglass
Parking Features
No Garage, Paved
School District
Cleveland Municipal - 1809

Listing Courtesy of: Jack Krusinski, jack@21hillrealestate.com With RE/MAX Above & Beyond

Selling Office: RE/MAX Above & Beyond.

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