1320 E 142nd Street, East Cleveland, OH 44112

Property Description

The Multi-Family Opportunity You've Been Looking For Has Arrived Providing an Attractive Turn-Key Option to Start Generating Income At Closing! This Property is an Excellent Opportunity for Investors & Owner Occupants Alike. The Work Has Been Done, Just Add This Low-Maintenance Rental to Your Portfolio! This Spacious Rent-Ready Duplex Offers 2 Units With 2 Beds & 1 Bath in Each & an Additional 3rd Floor Space Providing Potential to Completely Finish & Add a 3rd Unit. Kitchen & Bathroom Improvements Recently Completed With Refrigerator & Range in Place on 1st & 2nd Floor. Fresh Paint With Newer Carpet & Flooring in Each Unit. Major Mechanical Improvements Completed This Year Include New Roof (House & Garage) & New Gutter System Installation, Two Newly Installed Water Heaters, Newly Replaced Furnace & Another Reported to be in Good Working Condition. New Vinyl Siding Installed & Exterior of Property Freshly Painted. Current Owner has Rental Registration on File With the City of East Cleveland. 2nd Floor Unit is Occupied By Month-To Month Tenant With Monthly Payment at $800. 2nd Floor Unit to be Toured Only With Accepted Offer. 1st Floor Currently Vacant. Current Owner in the Process of Putting Section 8 Tenant in Place on 1st Floor With Expected Monthly Rental Payment of $900. Start Generating Income Immediately! Whether you’re a seasoned investor, first-time landlord, or just looking for a property with strong rental potential, this property is worth a look!