3191 W 92nd Street, Cleveland, OH 44102

$180,000
5
BD
2
BA
2,536
SqFt

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List Price
$180,000
Status
ACTIVE
MLS#
5254873
Year Built
1926
Bedrooms
5
Bathrooms
2
Living Area
2,536
Region
Cleveland
Township
Cleveland
Subdivision / Building
G Andrews & Morrison Allotment

Property Description

Excellent opportunity to own a well-maintained duplex in Cleveland's desirable West Boulevard neighborhood! This spacious two-family property offers a fantastic combination of immediate rental income, recent capital improvements, and flexibility for both investors and owner-occupants. The first-floor unit features 2 bedrooms and 1 full bathroom and is currently rented for $850 per month, providing immediate income. The second-floor unit offers 3 bedrooms and 1 full bathroom and is currently vacant, making it ideal for an owner-occupant or an investor looking to secure a new tenant. The upper unit was previously rented for $1,050 per month, bringing the property's historical combined rental income to $1,900 per month, or $22,800 annually when fully occupied at those rates. Significant recent improvements include all-new windows throughout the property and two brand-new furnaces, helping reduce future capital expenditure needs. Additionally, the property is Lead Free Certified through the City of Cleveland, an important benefit for rental property owners. Conveniently located on Cleveland's west side, the property offers easy access to Lorain Avenue, local shopping, restaurants, parks, public transportation, and major highways. Downtown Cleveland and Cleveland Hopkins International Airport are also within convenient reach. Whether you're looking to expand your investment portfolio or live in one unit while collecting rental income from the other, this duplex offers versatility, valuable recent upgrades, and strong income potential. Schedule your showing today!

Additional Information

Taxes
$2,424
Acres
0.11
Sewer
Public Sewer
Roof
Asphalt, Fiberglass
Water
Public
Heating
Forced Air
Cooling
None
School District
Cleveland Municipal - 1809

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Listing Courtesy of: Joshua Janus, josh@janusdevelopment.co With Key Realty

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