Kary Feller
REALTOR®
BEDS6
BATHS1 full
MLS#5185621
STATUSPending
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONRockefeller & Andrews
SCHOOLCleveland Municipal - 1809
Property Description
Turn-Key Side-by-Side Duplex 11.5% Cash-on-Cash Return Well maintained side by side duplex ideally located in Cleveland near the border of Garfield Heights, an area popular with renters due to easy access to transportation, shopping, the Cleveland Metroparks walking area, and close proximity to downtown Cleveland. Each unit features an open and functional layout with 3 bedrooms and 1 bathroom. This is a true turnkey investment that has been consistently cared for. Both units are occupied by long-term tenants with a strong payment history, providing immediate and reliable cash flow from day one. Investment Highlights Asking price $210,000 Monthly rent collected $2,475 Monthly operating expenses Property management $200 Property taxes $245 Insurance $80 Utilities $250 Vacancy reserve $90 Maintenance reserve $85 Total operating expenses $950 per month Monthly NOI $1,521 Cash-on-cash return 11.5 percent. Strong in-place income, solid tenants, and a desirable location make this a reliable cash-flowing asset. Turn-key duplex that investors can buy and hold with confidence. Some photos may be virtually staged
Property Features
Property Type: Multi Unit - Multiple
Basement: Unfinished
Basement: Yes
Cooling: Central Air
Garage: 2
Heating: Forced Air
Lot Size: 0.12 Acres
Roof Type: Asphalt
Stories: 2.0
Taxes: $3,278 / year
Year Built: 1920
Feature Descriptions
Days on Site: 62
Exterior: Vinyl Siding
Parcel#: 134-26-011
Parking: Detached, Garage
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
Listed By / Shown By
Listed By
Agency Name: VSD Realty, LLC.
Agency Contact: 216-406-1772, victor@vsdrealty.com
Shown By
Agent Name: Kary Feller
Agent Phone: (330) 807-7969
Agency Title: DeHOFF REALTORS
Estimate Your Payment
Estimated Payment
$ 1,261.65 per month $927.26 Principal & Interest $273.17 Property Tax $61.22 Homeowner's InsuranceChange Payment Information
Kary Feller
Cell: (330) 807-7969
Email Me
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4494 Turney Road | MLS# 5185621
This multi-family property located at 4494 Turney Road, Cleveland, OH 44105 is currently listed for sale with an asking price of $209,900. Turney Road is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on kfeller.dehoff.com today.