10012 MOUNT AUBURN AVE
CLEVELAND, OH 44104
$89,900
4 Beds
2 Baths
2,629 Sq Ft
Status Active
MLS# 5039797
Great opportunity for Cash flow and instant equity! This partially occupied duplex currently generates $750/mo from a 2 year tenant. The lease is now month to month. The lower unit is vacant and is made rent ready with fresh paint and new flooring. Market rent is $950 (even more possible with CMHA). The tenants pay for gas and electric and taxes are less then $500/ year so your cash flow is VERY strong. The Hot water tanks are both newer. The seller has sold several in this area for over $100,000 which offers you an opportunity to create equity through simple cosmetic updates and placing a tenant. Its Located near the shopping and restaurants at Larchmere Blvd and Shaker Square and is less then 3 miles from Cleveland Clinic Main Campus. This property has on site security systems that could transfer to the new owner (see details below). Showings of the lower unit only until an offer is accepted. Easy opportunity for Big cash flow.
Details for 10012 MOUNT AUBURN AVE
Built in 1918
$34 / Sq Ft
0 parking spaces
None
Forced Air
24 Days on website
0.11 acres lot