Residential Income in Cleveland

$164,900

1100 74th, 44103, Cleveland, OH

Residential Income for sale in Cleveland, 1100 74th, 44103

1100 74th, 44103, Cleveland, OH

$164,900

6Bed
2Bath
Type: Residential Income

Description

**Turnkey Investment Opportunity with Strong Cash Flow & Appreciation Potential!** Welcome to 1100 E 74th Street, a spacious 6-bedroom, 2-bathroom duplex strategically located just minutes from Downtown Cleveland and Cleveland State University! This income-producing property is ideal for investors seeking immediate rental income, minimal maintenance, and long-term wealth-building potential. The upstairs unit is currently occupied by a long-term voucher tenant paying **$1, 600 per month**, providing established rental income from day one! Just imagine earning $3200 gross rents with a 2nd occupied unit at $1600. Major improvements have already been completed, including new luxury vinyl plank (LVP) flooring, fresh interior paint throughout, vinyl exterior siding, and replacement of most water and gas plumbing lines. The property is also **lead certified and has a valid occupancy certificate**, providing additional peace of mind for investors. Situated in a location with convenient access to Downtown Cleveland, Cleveland State University, employment centers, healthcare institutions, and major transportation routes, this duplex offers compelling long-term appreciation potential as investment and redevelopment continue throughout Cleveland. **Whether you're expanding your rental portfolio or purchasing your first investment property, this updated duplex offers an attractive combination of established cash flow, additional rental income potential, and long-term upside—all without the burden of a major renovation!** Don't miss this opportunity to acquire a cash-flow-focused asset in Cleveland's evolving real estate market!

Agent Information

Location

1100 74th, 44103, Cleveland, OH

Data

Object TypeResidential Income
Purchase Price$164,900
Living Space0 m²
Plot Size813.01 m²
Bathrooms2
Construction Year1920
ConditionNot specified
Rooms12

Energy Information

Heating TypeForced Air
Primary Energy SourceN/A
Construction Year1920
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

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