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$210,000
5 Beds ⋅ 2 Baths ⋅ 5215393 MLS
Located in Cleveland's thriving Clark Fulton neighborhood, this well-maintained duplex presents an outstanding opportunity for both investors and owner-occupants. Situated in a desirable B-class rental market with strong tenant demand, this property offers immediate income potential with additional upside through the lease-up of the vacant unit. The upper unit features 3 bedrooms and 1 full bathroom and is currently occupied, generating $1,000 per month in rental income. The lower unit offers 2 bedrooms and 1 full bathroom and is currently vacant, providing flexibility for an owner-occupant or an investor seeking to increase cash flow. Market rents for the lower unit are projected at approximately $1,000 per month, bringing the property's total potential gross monthly income to approximately $2,000. Both units feature practical floor plans, spacious living areas, and layouts that appeal to a wide range of tenants. Recent improvements include newer appliances, enhancing both tenant appeal and long-term value. The property has been well-maintained and offers a solid foundation for immediate occupancy or continued rental success. Conveniently located near Downtown Cleveland, MetroHealth Medical Center, major highways, public transportation, shopping, dining, and neighborhood amenities, this property benefits from a location that continues to attract both residents and investors alike. Whether you're looking to expand your investment portfolio, complete a house hack by living in one unit while collecting rental income from the other, or acquire a property with strong income potential in a proven rental market, this duplex delivers flexibility, stability, and opportunity. Don't miss your chance to own a versatile income-producing property with immediate upside potential.

3118 W 30th Street, Cleveland

Listing Courtesy of: Tera Somogyi, TeraSomogyi@gmail.com With Keller Williams Living
$315,000
9 Beds ⋅ 3 Baths ⋅ 5215397 MLS
Fully occupied and cash flowing, this well-maintained multi-family investment opportunity in Cleveland's Clark Fulton neighborhood offers immediate income with strong long-term upside. Currently generating $3,600 per month in gross rental income, this versatile property features three occupied units with a proven rental history and stable tenant base. The front lower unit offers 3 bedrooms and 1 full bathroom and is leased for $1,000 per month. The upper unit features 1 bedroom and 1 bathroom and is leased through CMHA for $1,100 per month, providing reliable, subsidized rental income. The detached rear house is currently rented for $1,500 per month, creating an attractive and diversified income stream. Major mechanical updates have already been completed, including the furnace, air conditioning system, and hot water tank, all approximately five years old. Additional improvements include newer appliances, helping minimize future maintenance expenses and enhancing tenant appeal. Located in one of Cleveland's strongest rental corridors, this property benefits from convenient access to Downtown Cleveland, MetroHealth Medical Center, major highways, public transportation, shopping, dining, and neighborhood amenities. The functional unit mix appeals to a broad tenant pool, while the detached rear home offers a unique feature not commonly found in traditional multi-family properties. Whether you're looking to expand your portfolio, complete a 1031 exchange, or acquire a turnkey income-producing asset, this property delivers immediate cash flow, stable occupancy, and excellent investment potential. With all units occupied and producing income from day one, this is a rare opportunity to acquire a performing asset in a high-demand rental market.

3122 W 30th Street, Cleveland

Listing Courtesy of: Tera Somogyi, TeraSomogyi@gmail.com With Keller Williams Living

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