Steve Burgess
Listed By
Agency Name: EXP Realty, LLC.
Agency Contact: home4u@georgesoldit.com, 440-502-9128
Shown By
Agent Name: Steve Burgess
Agent Phone: (330) 327-3393
Agency Title: Cutler Real Estate
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Property 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, 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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: Central Air
Days on Market: 1
Garage: 2
Heating: Forced Air, Gas
Lot Size: 0.23 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $2,544 / year
Year Built: 1928
Feature Descriptions
Appliances: Dishwasher, Microwave, Range, Refrigerator
Exterior: Aluminum Siding, Wood Siding
Parcel#: 113-04-023
Parking: Detached, Garage
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Hts-Univer - 1810
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Estimated Payment
$ 1,193.91 per month $926.52 Principal & Interest $212.00 Property Tax $55.39 Homeowner's InsuranceChange Payment Information
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17645 Lakeport Avenue | MLS# 5184495
This multi-family property located at 17645 Lakeport Avenue, Cleveland, OH 44119 is currently listed for sale with an asking price of $189,900. Lakeport Avenue is located within the Cleveland Hts-Univer - 1810 school district. Search Cleveland real estate on www.steveburgessre.com today.