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Key Details
Sold Price $93,500
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,920 sqft
Price per Sqft $48
Subdivision Morgan
MLS Listing ID 5039378
Sold Date 07/09/24
Bedrooms 4
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 1,152
Year Built 1915
Annual Tax Amount $1,009
Tax Year 2023
Lot Size 4,469 Sqft
Acres 0.1026
Property Description
ATTENTION ALL INVESTOR full occupied turnkey duplex. Welcome to 6734 Baxter Ave., a lucrative duplex in a highly desirable location across from Ben S. Stefanski II Stadium. This vinyl-sided property offers a hassle-free addition to your investment portfolio or an expansion of your existing holdings.Fully occupied with long-term tenants, this duplex ensures immediate income generation. Each unit features 2 bedrooms and 1 bath, providing comfortable living spaces for residents.Enjoy the convenience of tenants paying for gas and electric, while the owner covers water and sewer expenses. Mechanical updates, including electrical, guarantee efficiency and peace of mind for years to come. The roof was replaced in 2003 (thought to be 30 year shingles), adding to the property's value and durability. Benefit from stable rent from reliable tenants who express a desire to remain, providing continuity and stability to your investment. Although rent is currently below market value, there is room for increase, maximizing your returns over time. Additional features include a detached garage and a charming porch, enhancing the property's appeal and functionality. Professionally managed, this investment promises a seamless ownership experience. Don't miss out on this opportunity to capitalize on Cleveland's thriving rental market. Current rent is $700 upstairs & $625 1st floor unit...Below current market rent. Current property manager is willing to continue. Proof of funds or pre approval before showings with some notice. Contact us today to learn more and secure this prime income property!
Location
State OH
County Cuyahoga
Rooms
Basement Full
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Garage Detached, Garage
Garage Spaces 1.0
Garage Description 1.0
Waterfront No
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Parking Type Detached, Garage
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 132-07-002
Financing Cash
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Bought with Alexys Jones • Keller Williams Greater Metropolitan