Features & Amenities

Interior

  • Total Bedrooms

    8

  • Bathrooms

    2

  • Above Grade Finished Area

    6660.0

  • Basement YN

    YES

  • Cooling YN

    NO

  • Cooling

    None

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    6

  • Construction Materials

    Brick, Vinyl Siding

  • Parking

    Parking Lot

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.85

  • Property Type

    Residential Income

  • Property Sub Type

    Duplex

Price

  • Sales Price

    $205,000

  • Tax Amount

    $5,799

  • Financing Options

    Cash

  • Sq. Footage

    6,660

  • Price/SqFt

    $30

HOA

  • Association

    No

School District

  • Elementary School

    Cleveland Municipal - 1809

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Cuyahoga

Elementary School

Cleveland Municipal - 1809

Middle School

High School

Listing Courtesy of Armani Adames , RE/MAX Above & Beyond

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Attention investors!! Fully occupied duplex with oversized garages, receiving additional income! Raking in $3,850 per month (20% ROI!!), this property is the perfect addition to your portfolio. Unit A rented at $1,100, Unit B at $1,250, and garage spaces at $1,500 per month (long term tenant). Each residential unit has undergone a comprehensive renovation, including: Brand new flooring, fresh paint, updated light fixtures and modern hardware, refinished ceilings, complete kitchen, bath remodels, new furnaces & hot water tanks, updated electrical panels, newer sub pump, numerous newer windows. Exterior highlights include durable vinyl siding, private entrances, and a partially fenced backyard. The property also boasts a large parking lot, with two dedicated spaces per residential unit, and additional open land at the rear offering added privacy and space. Residential Unit B - 2 beds/ 1 bath. Unit A - 2 beds/1 bath) The commercial component consists of 3 garage bays leased together at $1,500/month on a new five-year lease beginning June 1 with 3% annual increases. The garage also includes a private office, the tenant-who has been occupying the space for over eight years-has expressed interest in staying on as PM for just $200/month. Each residential unit is separately metered, property will be delivered Point-of-Sale Compliant! Crushing a 20% cash on cash return, this is a highly desirable investment in a prime location!

7511 Jeffries Avenue

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