$230,000
Cash flow from day one, long-term tenants already in place, and future upside make this side-by-side duplex an opportunity worth a closer look. Both units are currently occupied by established, long-term tenants on month-to-month agreements, giving the next owner immediate rental income along with flexibility for future plans. The side-by-side layout is a major plus, giving each residence a more independent feel than the typical up-and-down duplex. For an investor looking to add another income-producing property to the portfolio, much of the hard work has already been done. There is no need to start from zero searching for tenants when you can step into an occupied property with an existing rental history. Then there’s the bonus: a huge attic offers intriguing potential for additional finished space or possible future expansion, subject to buyer due diligence, zoning, permits, and city approval. Whether the goal is to maintain the current setup, improve the units over time, explore rent growth, or investigate the attic’s possibilities, there are multiple ways to think about the property’s long-term potential. The West Side location adds another layer to the investment story. Cleveland Metroparks Zoo, Brookside Reservation, shopping, restaurants, and everyday conveniences are nearby, while access to I-71 and other major routes makes getting around Greater Cleveland straightforward. Downtown Cleveland is also just a few miles away. For the investor who values existing cash flow today and options for tomorrow, this duplex checks some important boxes. Two occupied units. Long-term month-to-month tenants. A side-by-side configuration. Additional attic potential. And a convenient Cleveland location.
6
Beds
⋅
2
Baths
⋅
5244148
MLS
3780 W 37th Street, Cleveland
Listing Courtesy of: Rich Ganim, rich@theganimgroup.com With Real of Ohio
