851 Paxton RD, Cleveland, OH 44108
851 Paxton RD, Cleveland, OH 44108
851 Paxton RD, Cleveland, OH 44108
15
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$139,900
Est. payment /mo
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5 Beds
2 Baths
2,720 SqFt
Pending

851 Paxton RD Cleveland, OH 44108

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Stacy Ackerman

Stacy Ackerman

+1(740) 238-0075

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Square Footage 2,720 sqft

Price per Sqft $51

Subdivision Forest Hill Pkwy

MLS Listing ID 5190671

Bedrooms 5

Full Baths 2

HOA Y/N No

Abv Grd Liv Area 2,720

Year Built 1917

Annual Tax Amount $1,404

Tax Year 2024

Lot Size 4,482 Sqft

Acres 0.1029

Property Sub-Type Duplex

Stories Three Or More

Story Three Or More

Property Description

Attention investors! Incredible opportunity on Cleveland's east side. Large 5 bed, 3 bath duplex (or triplex). First floor unit is a 2 bed / 1 bath, freshly remodeled with new LVP throughout, and currently rented at $1,000 per month on an annual lease. Second floor unit is also a 2 bed /1 bath, remodeled with natural hardwood floors and woodwork throughout. The 3rd floor functions as its own 3rd unit with 1 bed/ 1 bath, kitchen and living room - or can be rented as part of the second floor unit, making it 3 beds/ 2 baths. Second and third floor are vacant, allowing for the new owner to do as they please. Vinyl windows throughout. Once fully occupied, income could exceed $2,500 per month - $30,000 annually! 18%+ ROI. Don't miss out on the chance to add this lucrative property your rental portfolio. Schedule a showing today and make it yours!

Location

State OH

County Cuyahoga

Rooms

Basement Full, Unfinished

Interior

Heating Baseboard, Forced Air

Cooling None

Fireplace No

Exterior

Parking Features Driveway, Detached, Garage

Garage Spaces 2.0

Garage Description 2.0

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Private Pool No

Building

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 110-14-010

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW
Listed by Armani Adames • RE/MAX Above & Beyond • adamesarmani.aa@gmail.com, 216-370-8550

NEARBY SCHOOL & BUSINESS

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Stacy Ackerman

Stacy Ackerman

Agent | OH | License ID: SAL.2006007916

+1(740) 238-0075

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