13414 Shaw Avenue, East Cleveland, OH 44112

$120,000
5
BD
2
BA
2,533
SqFt

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List Price
$120,000
Status
ACTIVE
Days on Market
0
MLS#
5238353
Subtype
Residential Income
Year Built
1920
Bedrooms
5
Bathrooms
2
Full Baths
2
Living Area
2,533
Acres
0.12
Subdivision
Berwald Stewart Cos East Clev
Neighborhood
Berwald Stewart Cos East Clev
MLS Area Major
East Cleveland

Property Description

This cash-flowing duplex presents a great opportunity for investors looking to expand their rental portfolio with an income-producing multifamily property. The lower unit features 2 bedrooms and 1 full bathroom, while the upper unit offers 3 bedrooms and 1 full bathroom, providing flexible layouts that appeal to a variety of tenants. Both units include spacious living rooms, functional kitchens with adjoining dining areas, and comfortable living spaces throughout. The full basement provides additional storage and offers potential for future value-add opportunities. A detached 2-car garage adds even more convenience and functionality to the property. The property is currently fully occupied, with the lower unit renting for $900 per month and the upper unit renting for $1,100 per month, generating a combined current rental income of $2,000 per month. Please note that both tenants are currently in the eviction process, giving the next owner the opportunity to reposition the property, complete any desired improvements, and secure new tenants at their preferred rental terms. Conveniently located in East Cleveland with easy access to I-90, the property is also near major roads, public transportation, shopping, schools, parks, restaurants, and other local amenities. Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors! Whether you’re looking to grow an existing portfolio or add another multifamily property to your investment strategy, this duplex offers strong potential and multiple opportunities for future income. No wholesalers. No Seller financing. No low ball offers.

Additional Information

Taxes
$2,277
Heating
Forced Air
Air Conditioning
None
Levels
Three Or More
Roof
Asphalt, Fiberglass
Parking Features
Driveway, Detached, Garage
Garage Spaces
2
School District
East Cleveland CSD - 1812

Listing Courtesy of: Michael Azzam, mike@theazzamgroup.com With RE/MAX Haven Realty

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