Investor opportunity in the heart of Cleveland! This spacious duplex-style property at 3419 Woodbridge Ave offers 5 bedrooms, 2 bathrooms, and 2,354 sq ft with strong income potential and multiple value-add opportunities. The lower unit features 3 Bed - 1 Bath and is currently rented for $800/month (month-to-month), while the upper unit offers 2 Bed -1 Bath rented at $750/month (month-to-month), providing immediate cash flow with flexibility for future rent increases or repositioning. Major updates include a new water heater (4 months old), a 3-layer roof with partial replacements completed over the last 3 years and recently inspected, plus two furnaces serviced annually with both motors recently replaced. Interior and exterior paint were completed 3 years ago, and downstairs laminate flooring was replaced 2 years ago. Additional upside includes a detached 2-car garage, plus attic and basement space with potential for added living area or increased rental value. Perfect for buy-and-hold investors or value-add landlords looking for strong rental potential in a solid rental market. Property sold as-is. Great opportunity to maximize returns with built-in cash flow from day one.
Listed By
Agency Name: Joseph Walter Realty, LLC.
Agency Contact: 888-227-1009, broker@josephwalterrealty.com
Shown By
Agent Name: Lydia Walls
Agent Phone: (937) 935-5597
Agency Title: Key Realty
Estimated Payment
$ 1,173.59 per month $922.96 Principal & Interest $202.50 Property Tax $48.13 Homeowner's Insurance
3419 Woodbridge Avenue | MLS# 5206041
This multi-family property located at 3419 Woodbridge Avenue, Cleveland, OH 44109 is currently listed for sale with an asking price of $165,000. Woodbridge Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.lydiawalls.com today.