Listed By
Agency Name: M. C. Real Estate
Agency Contact: Scheel.Matt7@gmail.com, 330-241-1219
Shown By
Agent Name: Jerri Furniss
Agent Phone: Cell: (614) 937-4427
Agency Title: Cutler Real Estate
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Property Description
Great opportunity for an investor looking for immediate cash flow in Garfield Heights! This two-unit property features a spacious lower unit with 2 bedrooms currently leased at $1,050/month and an upper unit with 1 bedroom leased at $875/month, both on annual leases, generating combined gross rental income of $1,925/month ($23,100/year), with low utility costs ? water billed at $15/month and sewer at $32/month through the City of Cleveland. With both units occupied by paying tenants, this property offers steady, hands-off income from day one, making it an excellent addition to any rental portfolio or a solid entry point for investors looking to expand in the Cleveland southeast suburbs. Don't miss this fully-leased, cash-flowing duplex ? schedule your showing today!
Property Features
Property Type: Multi Unit - Multiple
Basement: Full
Basement: Yes
Cooling: Window Unit(s)
Garage: 2
Heating: Forced Air
Lot Size: 0.11 Acres
Roof Type: Asphalt
Stories: 2.0
Taxes: $3,727 / year
Year Built: 1925
Feature Descriptions
Exterior: Vinyl Siding
Parcel#: 542-36-054
Parking: Driveway, Garage
Sewer: Public Sewer
Water: Public
Local Schools
School District: Garfield Heights City
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Estimated Payment
$ 1,230.45 per month $870.31 Principal & Interest $310.58 Property Tax $49.55 Homeowner's InsuranceChange Payment Information
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12010 Derby Avenue | MLS# 5228299
This multi-family property located at 12010 Derby Avenue, Garfield Heights, OH 44125 is currently listed for sale with an asking price of $169,900. Derby Avenue is located within the Garfield Heights City school district. Search Garfield Heights real estate on www.jerrifurniss.com today.