REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 299,000
Est. payment /mo
Price Dropped by $11K
2763 W 32nd ST Cleveland, OH 44113
6 Beds
2 Baths
3,049 Sqft Lot
UPDATED:
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision H Stones Add
MLS Listing ID 5110209
Bedrooms 6
Full Baths 2
HOA Y/N No
Year Built 1890
Annual Tax Amount $6,482
Tax Year 2024
Lot Size 3,049 Sqft
Acres 0.07
Property Sub-Type Duplex
Property Description
A Turnkey Investment in Ohio City-Tremont--Income from Day 1! Looking for a property that starts generating income from the moment you take ownership? Look no further! This fully updated and completely leased duplex in the highly desirable Ohio City-Tremont area is a fantastic investment opportunity for both seasoned investors and those looking to dive into the market. Ohio City and Tremont are two of Cleveland's most sought-after neighborhoods, known for their vibrant culture, charming architecture, and proximity to downtown. With an abundance of shopping, dining, and entertainment options nearby, it's no wonder why this area is a top choice for renters. This duplex is the definition of a turnkey investment. Both units are fully leased, meaning you can start collecting rent as soon as you close. Here's a quick breakdown of the property: Topo Unit: 4 bedrooms, 1 bathroom; Bottom Unit: 3 Bedrooms, 1 Bathroom. Each unit has been beautifully updated with luxury vinyl flooring throughout, giving the property a modern, clean look. The neutral color palette, complemented by crisp white molding, door, and door frames, adds a fresh and inviting touch, One of the standout features of this investment is the Section 8 tenant in one of the units. This comes with the added benefit that the CMHA has recently increased their subsidy, enduring that rental payments are both reliable and on the rise. The best part? You don't have to lift a finger to tart earning, The property is in prime condition and is already under lease, meaning you can begin receiving rental income immediately after purchase. With the combination of a desirable location, fully updated units, and consistent rental income, this duplex is a must-see for anyone looking to make a smart, low-risk investment.
Location
State OH
County Cuyahoga
Rooms
Basement Common Basement
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Exterior
Parking Features Driveway, No Garage
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 007-24-036
Special Listing Condition Standard
Listed by Joyce Reese • HomeSmart Real Estate Momentum LLC • [email protected] 440-212-6456
GET MORE INFORMATION
QUICK SEARCH