Turn-Key Side-by-Side Duplex 11.5% Cash-on-Cash Return Well maintained side by side duplex ideally located in Cleveland near the border of Garfield Heights, an area popular with renters due to easy access to transportation, shopping, the Cleveland Metroparks walking area, and close proximity to downtown Cleveland. Each unit features an open and functional layout with 3 bedrooms and 1 bathroom. This is a true turnkey investment that has been consistently cared for. Both units are occupied by long-term tenants with a strong payment history, providing immediate and reliable cash flow from day one. Investment Highlights Asking price $210,000 Monthly rent collected $2,475 Monthly operating expenses Property management $200 Property taxes $245 Insurance $80 Utilities $250 Vacancy reserve $90 Maintenance reserve $85 Total operating expenses $950 per month Monthly NOI $1,521 Cash-on-cash return 11.5 percent. Strong in-place income, solid tenants, and a desirable location make this a reliable cash-flowing asset. Turn-key duplex that investors can buy and hold with confidence. Some photos may be virtually staged
Listed By
Agency Name: VSD Realty, LLC.
Agency Contact: 216-406-1772, victor@vsdrealty.com
Shown By
Agent Name: David Sharkey
Agent Phone: (216) 619-9696 ext. 11
Agency Title: Progressive Urban Real Estate
Estimated Payment
$ 801.53 per month $467.15 Principal & Interest $273.17 Property Tax $61.22 Homeowner's Insurance
4494 Turney Road | MLS# 5185621
This multi-family property located at 4494 Turney Road, Cleveland, OH 44105 is currently listed for sale with an asking price of $209,900. Turney Road is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on dsharkey.progressiveurban.com today.