Investor Special! This Cleveland duplex is a prime opportunity for a fix and flip or BRRRR deal to add to your portfolio. Currently condemned by the City of Cleveland (see attached supplements for details), this property needs a full renovation and offers excellent cash-flow potential. The upstairs unit features 2 bedrooms and 1 bath with a finished attic that has an additional 2 bedrooms and 1 bath so could be a third unit or combined with the second floor to be a 4 bed 2 bath unit. The downstairs unit is a 2 bed 1 bath. Section 8 rents exceed $1,000 per unit for each 2 bedroom which comes out to about $36,000 per year in annual gross income! This opportunity is perfect for seasoned investors looking for a high-ROI project—don’t miss out on this value-add opportunity! *Note - Auditor's website states that there are 4 bedrooms and 2 bathrooms but the owner states that there are 6 bedrooms and 3 bathrooms.
Listing Courtesy of: Tal Tamir, tal@premierclevelandinvesting.com With Russell Real Estate Services
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