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11717 Gay AvenueCleveland, OH 44105

Multi Unit - Multiple MLS 5220454 Pending
8 beds 2 full baths 2,754 sqft
Pending $172,000
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Listed By

Agency Name: Lokal Real Estate, LLC.
Agency Contact: 216-252-6580, marketing@lokalrealestate.com

Shown By

Agent Name: Meyer & Dial
Agent Phone: (614) 340-9660
Agency Title: Cutler Real Estate

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Property Description

11717 Gay Ave ? Turnkey Duplex | Cash Flow Opportunity in 44105 Investors, take note: this massive duplex is built to perform. Each unit boasts 4 bedrooms, 1 bath, and over 1,300 square feet of comfortable living space ? making it a rare find for cash flow in this market. Here's where the numbers shine. CMHA pays as high as $1,661 for 4-bedroom units in the 44105 zip code, giving this property the potential to generate $3,322 per month in rental income. That kind of return doesn't just meet the 1% rule ? it shatters it. Both units have been recently renovated throughout and are completely rent-ready, so you can start collecting from day one. The property also offers onsite parking with a private driveway, adding convenience for tenants. Newer furnaces and hot water tanks provide added peace of mind and help reduce major mechanical concerns for the next owner. Seller is also offering a closing credit toward future roof replacement, adding flexibility and value for the buyer. With large unit layouts, strong rent potential, and recent updates, this duplex is a compelling opportunity for investors looking to add cash flow to their portfolio. Properties like this don't come around often ? and they don't stay on the market long. Reach out to your favorite realtor today before this cash cow is gone!

11717 Gay Avenue | MLS# 5220454

This multi-family property located at 11717 Gay Avenue, Cleveland, OH 44105 is currently listed for sale with an asking price of $172,000. Gay Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.meyeranddial.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full
Basement: Yes
Cooling: None
Days on Market: 3
Heating: Forced Air, Gas
Lot Size: 0.12 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $2,458 / year
Year Built: 1930

Feature Descriptions

Exterior: Vinyl Siding
Fencing: Chain Link, Wood
Laundry: Common Area
Parcel#: 137-14-064
Parking: Driveway, Paved
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Estimate Your Payment

Estimated Payment

$ 1,138.34 per month $883.34 Principal & Interest $204.83 Property Tax $50.17 Homeowner's Insurance

Change Payment Information

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years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage

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