For more information regarding the value of a property, please contact us for a free consultation.
7818 Eve AVE Cleveland, OH 44102
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $115,000
Property Type Single Family Home, Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Hoyt
MLS Listing ID 5106388
Bedrooms 4
Full Baths 2
Year Built 1900
Annual Tax Amount $2,322
Tax Year 2024
Lot Size 2,661 Sqft
Property Sub-Type Duplex
Property Description
This renovated duplex is a prime investment opportunity. Each unit features 2 bedrooms and 1 bathroom, with the upper unit offering additional finished attic space for extra flexibility. Both units include in-unit washer and dryer hookups, adding extra convenience for tenants. The property is completely vacant, making it move-in or rent-ready immediately.
Key updates made in the last year include: brand-new windows, furnaces, water heaters, along with updated electrical panels and fully renovated interiors.
The downstairs unit is rented for $900/mo on a one-year lease. Tenants pay for electric and gas. Owner pays for water and sewer. Once fully occupied at market rent, this property could generate $1,900 in gross monthly rental income—an incredible cash flow opportunity for investors that crushes the 1% rule.
Don't miss out on this turnkey duplex—whether you're looking for an owner-occupant opportunity or a high-performing rental property, this one checks all the boxes. Schedule your showing today!
Location
State OH
County Cuyahoga
Interior
Heating Forced Air
Cooling Window Unit(s)
Exterior
Parking Features Off Street
Roof Type Shingle
Building
Foundation Slab
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Special Listing Condition Standard
Read Less
Bought with Marc Rice • REAFCO