Jen McDorman
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1988 Lexington Avenue
Norwood, OH 45212

$550,000
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Listing Details

  • $550,000
  • MLS# 1881211
  • Type Multi Unit - Multiple
  • Status Active
  • 2,562
    Square Feet
  • 0.172 acres
    Lot Size
  • 1912
    Year Built
  • Norwood
    Local Schools

Local Information

Listed By

Agency Name: Coldwell Banker Realty
Agent Name: Walter Gibler
Agency Phone: 513-321-9944

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Shown By

Agent Name: Jen McDorman
Agent Phone: (937) 956-2221
Agency Title: Irongate Inc., Realtors

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Home Value Estimate


Description

Turnkey Cash-Flowing Duplex bringing in over $4,625 per month! Incredible opportunity to own a fully renovated, income-producing property generating $55,500 annually in gross rental income. Both units are fully leased through May 2027, providing immediate cash flow and long-term stability, while tenants pay all utilities, maximizing investor returns. Completely transformed in 2020/2021, this property was gutted down to the studs and extensively renovated, offering peace of mind and minimizing future maintenance concerns. The spacious Unit 1 features 3 bedrooms and 1 full bathroom, while Unit 2 spans the second and third floors and offers...read more

Features

  • Central Air
  • 0 Fireplace
  • Gas
  • 3.0 Stories
  • $6,440 Taxes
  • Public
  • Built in 1912

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