8404 Grand Division Street, Garfield Heights, OH 44125

$160,000
4
BD
2
BA
2,386
SqFt

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Sold Price
$160,000
List Price
$159,900
Status
CLOSED
Days on Market
47
Closing Date
Apr 16, 2025
MLS#
5103038
Subtype
Residential Income
Year Built
1926
Bedrooms
4
Bathrooms
2
Full Baths
2
Living Area
2,386
Acres
0.12
MLS Area Major
Garfield Heights

Property Description

Seize this prime investment opportunity with a fully occupied duplex in Garfield Heights, generating immediate rental income! This 2,386 sq. ft. property features two units, both with 2-bedrooms, 1-bath and a third floor that can be used as extended, additional living space for the second floor with a full bath. Long term tenants paying $800/mo and $850/mo respectively, offering strong rental security. With separate utilities, central air, and forced-air gas heating, tenants enjoy modern comforts while you benefit from low-maintenance aluminum siding and a newer, durable asphalt roof. Positioned on a corner lot with a detached 2-car garage, this property is in close proximity to shopping, parks, medical services, and public transit, ensuring strong tenant retention. With three stories and a full basement, updated water heaters, updated electrical and well-maintained, there's added value and potential to enhance cash flow. Buyer to assume POS. Property sold As-Is. Don’t miss out on this turn-key investment – perfect for both seasoned investors and newcomers looking to expand their portfolio!

Additional Information

Taxes
$5,407
Heating
Forced Air, Gas
Air Conditioning
Central Air
Stories
3
Levels
Three Or More
Roof
Asphalt, Fiberglass
Parking Features
Detached, Garage
Garage Spaces
2
School District
Garfield Heights CSD - 1815

Listing Courtesy of: Angela R Thompson, realtorangelathompson@gmail.com With HomeSmart Real Estate Momentum LLC

Selling Office: CENTURY 21 Asa Cox Homes.

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