11701 Gay Avenue , Cleveland, OH 44105

$154,900
  • 11701 Gay Avenue , Cleveland, OH 44105 Main Photo
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BEDS6 BATHS2 full SQUARE FEET2,250 MLS#5250911
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONUnion Rice SCHOOLCleveland Municipal - 1809

Property Description

Welcome to 11701 Gay Ave, a fully remodeled duplex in 44105 with serious cash flow potential built right in. With CMHA's rent standard at $1,559 per unit, this property offers the potential to generate over $3,000 a month in rent, making it a standout income opportunity from day one. This duplex features two big 3 bedroom units, completely renovated top to bottom, including a new furnace, new water tank, new electrical, and a new roof in each unit, along with a full interior remodel throughout. Every major system has been replaced, offering true turnkey ownership with minimal maintenance for years to come. A finishable attic adds even more upside, with the rare opportunity to convert this duplex into a triplex and boost income potential further. Priced to move at $159,900, this property comes in well under a recent comparable sale directly across the street, which closed at $165,000. Big 3 bedroom units, all new mechanicals, expansion potential, and standout rental numbers make this a rare find that won't last long. Schedule your showing today.

11701 Gay Avenue | MLS# 5250911

This multi-family property located at 11701 Gay Avenue , Cleveland, OH 44105 is currently listed for sale with an asking price of $154,900. Gay Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.tannerrealestate.net today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: None
Heating: Forced Air
Lot Size: 0.12 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $924 / year
Year Built: 1930

Feature Descriptions

Exterior: Vinyl Siding
Parcel#: 137-14-060
Parking: Driveway
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Listed By / Shown By

Listed By

Agency Name: RE/MAX Infinity
Agency Contact: sellwithaiden@gmail.com, 330-415-7054

Shown By

Agency Title: Tanner Real Estate
Agency Phone: 330.823.8880

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Estimated Payment

$ 466.92 per month $344.74 Principal & Interest $77.00 Property Tax $45.18 Homeowner's Insurance

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