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1352 Giddings Avenue
1352 Giddings Avenue
1352 Giddings Avenue
1352 Giddings Avenue
1352 Giddings Avenue
1352 Giddings Avenue
1352 Giddings Avenue
1352 Giddings Avenue
1352 Giddings Avenue
1352 Giddings Avenue
1352 Giddings Avenue
1352 Giddings Avenue
1352 Giddings Avenue
1352 Giddings Avenue
1352 Giddings Avenue
1352 Giddings Avenue
1352 Giddings Avenue
1352 Giddings Avenue
1352 Giddings Avenue
1352 Giddings Avenue
1352 Giddings Avenue
1352 Giddings Avenue
1352 Giddings Avenue
1352 Giddings Avenue
1352 Giddings Avenue
1352 Giddings Avenue
1352 Giddings Avenue
1352 Giddings Avenue
1352 Giddings Avenue
1352 Giddings Avenue
1352 Giddings Avenue
1352 Giddings Avenue
1352 Giddings Avenue
1352 Giddings Avenue
1352 Giddings Avenue
1352 Giddings Avenue
1352 Giddings Avenue
1352 Giddings Avenue
1352 Giddings Avenue
1352 Giddings Avenue
1352 Giddings Avenue
1352 Giddings Avenue
1352 Giddings Avenue
1352 Giddings Avenue
1352 Giddings Avenue
1352 Giddings Avenue
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$189,000

1352 Giddings Avenue

7 Beds 2 Baths 3,331 Sq.Ft. 5,039.89 Sq.Ft.

Description

***OFFER DEADLINE THURSDAY, SEPTEMBER 17TH, 12:00 PM *** Excellent investment opportunity with immediate cash flow! This fully occupied Cleveland multifamily features two spacious 3-bedroom, 1-bath units generating a combined $2,803 per month and $33,636 in annual gross rental income. The downstairs unit is leased to a cash-paying tenant at $1,250 per month on a one-year lease and features new carpet throughout, newer windows, and a refrigerator and stove. The upstairs unit is occupied by a long-term Section 8 tenant paying $1,553 per month and also offers 3 bedrooms, 1 full bath, newer windows, refrigerator, and stove. Additional improvements include two new water heaters, select electrical and plumbing updates, and glass block basement windows. With both units already occupied and producing income, this is a great opportunity for an investor looking to add a solid, income-producing multifamily property to their portfolio. Convenient Cleveland location with access to shopping, dining, major roadways, and Downtown Cleveland. Add this cash-flowing property to your portfolio today!

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Location

1352 Giddings Avenue, Cleveland, OH 44103

Status

Active Under Contract
Nour Chehade, MBA

Nour Chehade, MBA

TITLE

Team Lead | REALTOR®

Property Amenities

Interior
Laundry room Common Area
Total Bedrooms: 7
Full Bathrooms: 2
Area & Lot
Lot Area 5,039.89 Sq.Ft.
Living area 3,331 Sq.Ft.
MLS® ID 5241167
Year Built 1900
School District Cleveland Municipal - 1809
Type Multi-Family
Status Active Under Contract
Exterior
Stories 2
Air conditioning None
Heat type Forced Air, Gas
Water Source Public
Sewer Public Sewer
Parking No Garage, Paved
Roof Asphalt, Fiberglass
Finance
Sales Price $189,000
Real Estate Tax $937 yearly

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