Property description updated with
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Previous Description:
Investor’s Opportunity at 3359 E 65th St, Cleveland!!! Fully updated and income producing, this duplex offers strong returns and immediate rental stability. The front unit features 5 bedrooms and 1 bathroom, currently bringing in $1,716/month, while the rear 2-bedroom, 1 bath unit collects $1,085/month. With a projected NOI around $21,800 and an estimated 8.7% cap rate, the numbers on this property work. Both units have refreshed interiors with updated kitchens, modern flooring, and clean, neutral finishes throughout. Major improvements were completed within the last year, including a new roof, updated electrical and plumbing, new vinyl windows, new water tank, and new furnace, giving buyers peace of mind for years to come. Utilities are already separated, with tenants paying their own gas and electric. The property is CMHA compliant, fully inspected and approved. The front tenant is currently in the process of moving, giving new ownership flexibility, whether you want to re-lease at market rates or live in one unit and let the other cover the mortgage. Located near highways, transit, schools, and local amenities, this duplex sits in a strong rental area with steady demand. Clean, updated, and easy to manage, it’s a solid addition to any portfolio. Schedule your private tour today.
Updated Description:
Investor’s Opportunity at 3359 E 65th St, Cleveland!!! Fully updated and income producing, this duplex offers strong returns and immediate rental stability. The front unit features 5 bedrooms and 1 bathroom, currently bringing in $1,716/month, while the rear 2-bedroom, 1 bath unit collects $1,085/month. With a projected NOI around $21,800 and an estimated 8.7% cap rate, the numbers on this property work. Both units have refreshed interiors with updated kitchens, modern flooring, and clean, neutral finishes throughout. Major improvements were completed within the last year, including updated electrical and plumbing, new vinyl windows, new water tank, and new furnace, giving buyers peace of mind for years to come. Utilities are already separated, with tenants paying their own gas and electric. The property is CMHA compliant, fully inspected and approved. The front tenant is currently in the process of moving, giving new ownership flexibility, whether you want to re-lease at market rates or live in one unit and let the other cover the mortgage. Located near highways, transit, schools, and local amenities, this duplex sits in a strong rental area with steady demand. Clean, updated, and easy to manage, it’s a solid addition to any portfolio. Schedule your private tour today.
