11701 Gay Avenue, Cleveland, OH 44105

$159,900
6
BD
2
BA
2,250
SqFt

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List Price
$159,900
Status
ACTIVE
Days on Market
0
MLS#
5235256
Subtype
Residential Income
Year Built
1930
Bedrooms
6
Bathrooms
2
Full Baths
2
Living Area
2,250
Acres
0.12
Subdivision
Union Rice
Neighborhood
Union Rice
MLS Area Major
Cleveland

Property Description

Welcome to 11701 Gay Ave, a fully remodeled duplex in 44105 with serious cash flow potential built right in. With CMHA's rent standard at $1,559 per unit, this property offers the potential to generate over $3,000 a month in rent, making it a standout income opportunity from day one. This duplex features two big 3 bedroom units, completely renovated top to bottom, including a new furnace, new water tank, new electrical, and a new roof in each unit, along with a full interior remodel throughout. Every major system has been replaced, offering true turnkey ownership with minimal maintenance for years to come. A finishable attic adds even more upside, with the rare opportunity to convert this duplex into a triplex and boost income potential further. Priced to move at $159,900, this property comes in well under a recent comparable sale directly across the street, which closed at $165,000. Big 3 bedroom units, all new mechanicals, expansion potential, and standout rental numbers make this a rare find that won't last long. Schedule your showing today.

Additional Information

Taxes
$1,744
Heating
Forced Air
Air Conditioning
Ceiling Fan(s)
Levels
Three Or More
Roof
Shingle
Parking Features
Driveway, On Street
School District
Cleveland Municipal - 1809

Listing Courtesy of: Aiden Avtgis, sellwithaiden@gmail.com With RE/MAX Infinity

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