16016 S Lotus DR new Save Request In-Person Tour Request Virtual Tour
Cleveland,OH 44128
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,551 sqft
Price per Sqft $41
Subdivision Miles-Harvard Park Sub 5
MLS Listing ID 5148496
Bedrooms 3
Full Baths 2
Year Built 1936
Annual Tax Amount $3,852
Tax Year 2023
Lot Size 4,678 Sqft
Property Sub-Type Duplex
Property Description
Don't miss your chance to own this beautifully updated two-family home with strong income potential and long-term upside. Perfect for investors or owner-occupants, this property has undergone substantial renovations, including updated bathrooms, updated flooring in some parts and significant improvements to the utilities—making it very close to move-in ready and low maintenance.
Each unit offers comfortable living space, and with strong rental demand in the area, this is an ideal property to generate steady, reliable income. Whether you're looking to expand your portfolio or offset your mortgage with rental income, this is the one.
Please note that the county records don't reflect accurately the demographic of the home. There are 2 bedrooms on the lower level with a bathroom and 1 bedroom in the upper unit.
Bonus Value: The sale includes an additional lot next door, offering even more possibilities for expansion, development, or added outdoor space—an opportunity rarely found in this market.
Note: no seller financing and no wholesales.
Schedule your private showing today and see the potential for yourself!
Location
State OH
County Cuyahoga
Interior
Heating Forced Air
Cooling Window Unit(s)
Exterior
Parking Features Driveway
Garage Spaces 3.0
Garage Description 3.0
Roof Type Asphalt,Fiberglass
Building
Story 2
Sewer Public Sewer,Septic Tank
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional