1435 W 50th Street, Cleveland, OH 44102

Property Description

Welcome to this beautifully renovated duplex (with a bonus renovation opportunity on a separate parcel single family) in the heart of Detroit Shoreway! Each unit of the duplex (1435 W 50th) features a large kitchen, living room, dining room in each unit along with a laundry room which is rare and a nice amenity. Upstairs is 3 bedrooms, 1 bathroom and downstairs is 2 bedrooms, 1 bathroom - both with new Central Air! The exterior has painted vinyl siding, vinyl windows, a brand new roof and sheathing, gutters, fascia, soffit and more. The full concrete driveway was just poured too! Each unit has new paint, trim, LVP flooring throughout with upgraded lighting. Each kitchen has been fully restored with new tile floors, new cabinets, stainless steel appliances, quartz countertops and the bathrooms have been renovated to the same standard. The furnaces and hot water tanks are both Brand new as well! The electrical has been updated and same with the plumbing. Nothing has been skipped here. These could also be used as short or mid term rentals to traveling nurses, flight attendants etc. to bring in around $2,000/month per unit! The back single family (1437 W 50th) is a separate parcel and is a 2 bedroom single family (can be 3 bedrooms if you add a 2nd floor which can easily be done) down to the studs that the buyer can renovate to their own! The front duplex appraised for $360,000 on its own so that is the price if you only want the duplex as it’s on its own parcel. The back single family (own parcel) can be purchased for 40k, renovated for around 120k with sales comparables in the 230-260k range. Come check out 1437 W 50th today!