10917 Notre Dame AVE Save Request In-Person Tour Request Virtual Tour
Cleveland,OH 44104
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Duplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 1,850 sqft
Price per Sqft $59
Subdivision Graham-Scofield Allotment
MLS Listing ID 5072406
Bedrooms 5
Full Baths 3
Year Built 1925
Annual Tax Amount $742
Tax Year 2023
Lot Size 4,199 Sqft
Property Description
Investor's dream! This turnkey duplex not only offers incredible income potential but also comes with the possibility of converting the third floor into a triplex, adding even more value. The lower unit features 2 bedrooms and 1 bath, while the upper unit boasts 3 bedrooms and 2 full baths. Both units have undergone extensive updates, including fresh carpeting, modern paint throughout, new cabinets, countertops, and renovated bathrooms, making this property move-in ready for tenants.
In addition to the cosmetic updates, major systems have already been taken care of with newer furnaces and hot water tanks installed, ensuring no immediate capital expenditures (CapEx) are required. The property also includes a spacious 2-car garage, offering added convenience.
Market rents in this area range between $900-$1,200 per unit, with even higher income potential from Section 8 tenants. This property could easily achieve over a 2% rent-to-price ratio, making it an outstanding investment in a rapidly developing neighborhood. Located just minutes from Shaker Square and University Circle, this duplex is perfectly positioned in an area seeing continued growth and revitalization. With the potential for high returns and a prime location, this is an opportunity you don't want to miss! Secure your showing today and make this high-yield property part of your portfolio.
Location
State OH
County Cuyahoga
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Heating Forced Air,Gas
Cooling None
Laundry Common Area
Exterior
Garage Paved
Garage Spaces 2.0
Garage Description 2.0
Waterfront No
Roof Type Asphalt,Fiberglass
Building
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan