Cash flowing duplex on Cleveland's west side. Convenient location minutes from Ohio City, Gordon Square, I-90,and more. The down unit offers 3 beds 1 bath, spacious living area, and is well maintained by a long-term tenant at $750 lease expires in July (very under market rent). Upstairs unit offers an impressive 4 beds 1 bath and was renovated in 2020. It is leased month to month at$1, 150.With gross rent of$1, 900a month, this beats the 1% rule! Roof, siding, glass block windows, hot water tanks, furnaces, electrical panels and wiring all updated in last ~15 years or less. Convenient off-street parking spaces are behind the home. Great opportunity to buy and cash flow right away!
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The average household income in
Cleveland, OH
grew
from
$28,974
to
$29,953
in the past year. This data is an estimate based upon
173,025
households in
Cleveland, OH. The chart below presents how household income is distributed in
Cleveland, OH
in comparison to the revenue allocation amid households nationally.
Property Taxes
Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows
distribution of property taxes in
Cleveland, OH
compared to median property taxes around the country. The prevalent amount of property taxes in
Cleveland, OH
equals
$800-$1,500
, which is
less
than the national average.