17645 Lakeport Avenue
Cleveland, OH 44119

Listed at $189,900

Details

  • MLS# 5184495
  • Multi Unit - Multiple
  • Status Pending
  • 4 Bedrooms
  • 2 full Bathrooms
  • 1,761 Square Feet
  • 0.230 acres
  • Built in 1928
  • Cleveland Hts-Univer - 1810 Local Schools
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Description

Exceptional income-producing turnkey multi-family investment opportunity - 2 houses on one lot! Generating $27k a year in revenue this fully renovated property includes two updated units with a detached 2-car garage. The main house is 2 Bedroom 2 full bath 1152 square feet and offers a spacious layout that was completely gutted and rebuilt from the studs with all new systems, finishes, appliances, flooring, electric, and a new roof. The additional smaller unit is 2 bed 1 Bath 609 square feet and has received the same comprehensive renovation ? new roof, flooring, paint, fixtures, and appliances throughout. Both units are tenant-occupied,...read more generating strong current cash flow with the main house rented at $1,325/mo with lease expiring in 11/29/26 and the small house at $925/mo with lease ending 01/06/2027. Perfect for investors looking for stabilized rental income in a traditional Cleveland neighborhood near Lake Erie and local amenities. Close proximity to parks, transit, and neighborhood services ? a rare fully modernized multi-family in this price tier.

Features

  • Dishwasher
  • Microwave
  • Range
  • Refrigerator
  • Central Air
  • Forced Air, Gas
  • 1.0 Story
  • $2,544 / year Taxes
  • Public
  • Built in 1928
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All Property Features

  • Property Type: Multi Unit - Multiple
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Basement: Yes
  • Basement: Full
  • Cooling: Central Air
  • Days on Site: 42
  • Exterior: Aluminum Siding, Wood Siding
  • Garage: 2
  • Heating: Forced Air, Gas
  • Lot Size: 0.23 Acres
  • Parcel#: 113-04-023
  • Parking: Detached, Garage
  • Roof Type: Shingle
  • Sewer: Public Sewer
  • Stories: 1.0
  • Taxes: $2,544 / year
  • Water: Public
  • Year Built: 1928