5901 Lansing AVE Pending Save Request In-Person Tour Request Virtual Tour
Cleveland,OH 44105
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Subdivision Christine Leicks
MLS Listing ID 5152241
Bedrooms 5
Full Baths 2
HOA Y/N No
Year Built 1900
Annual Tax Amount $1,294
Tax Year 2024
Lot Size 4,216 Sqft
Acres 0.0968
Property Sub-Type Duplex
Stories Two
Story Two
Property Description
Turnkey investment opportunity! This fully occupied duplex in Cleveland is generating solid cash flow with reliable tenants already in place. The upper unit (3 bed / 1 bath) is rented to a CMHA tenant at $1,050/month plus utilities on a month-to-month lease. The lower unit (2 bed / 1 bath) is private pay at $800/month plus utilities, also on a month-to-month lease. The owner covers only water/sewer, keeping expenses low and returns strong.
With a total of $1,850/month in rental income, this property is a steady performer ready for a new owner. Located in a convenient rental area close to schools, shopping, and public transit, it's an excellent addition to any investor's portfolio.
Location
State OH
County Cuyahoga
Interior
Heating Forced Air,Gas
Cooling None
Fireplace No
Exterior
Parking Features Driveway
Water Access Desc Public
Roof Type Asphalt
Private Pool No
Building
Foundation Block
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 132-12-120