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Listed price in listed location currency (USD).
$230,000

622

MLS® 5244148

Overview

Key Facts

Type Duplex
Levels Residential Income
Size 2560 sqft
Garage Yes
Taxes $3,025
Days Active 0
Lot Size 0.153 Acres
Approx. Age 1906
Avg. Price Per Sqft $89
MLS® Number 5244148

Property Address: 3780 W 37th St, Cleveland, OH, 44109-2674

Average square foot calculated using Size range provided by listing agent.

Description

Cash flow from day one, long-term tenants already in place, and future upside make this side-by-side duplex an opportunity worth a closer look. Both units are currently occupied by established, long-term tenants on month-to-month agreements, giving the next owner immediate rental income along with flexibility for future plans. The side-by-side layout is a major plus, giving each residence a more independent feel than the typical up-and-down duplex. For an investor looking to add another income-producing property to the portfolio, much of the hard work has already been done. There is no need to start from zero searching for tenants when you can step into an occupied property with an existing rental history. Then there’s the bonus: a huge attic offers intriguing potential for additional finished space or possible future expansion, subject to buyer due diligence, zoning, permits, and city approval. Whether the goal is to maintain the current setup, improve the units over time, explore rent growth, or investigate the attic’s possibilities, there are multiple ways to think about the property’s long-term potential. The West Side location adds another layer to the investment story. Cleveland Metroparks Zoo, Brookside Reservation, shopping, restaurants, and everyday conveniences are nearby, while access to I-71 and other major routes makes getting around Greater Cleveland straightforward. Downtown Cleveland is also just a few miles away. For the investor who values existing cash flow today and options for tomorrow, this duplex checks some important boxes. Two occupied units. Long-term month-to-month tenants. A side-by-side configuration. Additional attic potential. And a convenient Cleveland location.
MLS® Number5244148
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1906
BasementUnfinished
DrivewayGarage
Garage Spaces
HeatForced Air
A/CNone

Extras

Home Estimate Zoopraisal®

This property is estimated to sell between: $229,000 and $231,000.
Similar properties in this area sold on average for: $229,666
Expected to sell in 38 days. Similar properties sold in 38 days. This home has been on Zoocasa for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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