1204 Ansel Road, Cleveland, OH 44108

Property Description

Offering a strong investment opportunity with immediate income with this side-by-side Duplex! LEAD Safe Certified and has the City of Cleveland rental registration in place! One unit is already occupied (tenant in place for over 20 years rent $1558 m-t-m lease), providing steady rental income from day one, while the second unit has been updated and is move-in ready for a new tenant (advertised for rent at $1600). Both units are very spacious and filled with natural light, featuring a well-designed layout with a large living room, dining room, and kitchen on the first floor. Each unit offers 4 generously sized bedrooms while one unit includes 2 full bathrooms and the other offers 1 bathroom. The updated unit showcases neutral finishes and has an additional bonus room. Ideally located just minutes from the Cleveland Clinic, downtown Cleveland, and major freeways, this property offers exceptional convenience for tenants. Easy access to public transportation makes commuting simple, adding to the strong rental appeal of this investment. Lead Safe certified. With the current and projected rental income, this property delivers over a 10% cap rate, making it an excellent addition to any investor’s portfolio. No seller financing