Property Description

Portfolio builders and out-of-state investors: look no further for a high-performing, low-maintenance asset. This up-and-down Cleveland duplex is the ultimate hands-off investment property, offering heavy capital improvements, Lead Paint Certified status, and an unbeatable rent-to-value ratio. The upper unit is a spacious four-bedroom layout optimized for immediate cash flow, actively rented through October 30th, 2026, for $1,100 per month with professional management in place - offering massive upside with potential voucher rents commanding $1,400$1,500. The expensive, big-ticket mechanical and structural items are completely done. The property features a new roof (2022), durable vinyl siding, and all-newer energy-efficient windows. Downstairs, the basement infrastructure is entirely refreshed with updated plumbing, updated electrical, two newer furnaces, updated ductwork, and two newer hot water tanks, ensuring hassle-free, separate utility management with strong Section 8 potential. While the upstairs unit provides reliable, in-place returns from day one, the downstairs unit sits vacant, beautifully remodeled, and rent-ready to command top market value. It features brand-new drywall, fresh neutral paint, durable flooring, and modern fixtures, anchored by a fully remodeled kitchen featuring a 2022 appliance package - including a refrigerator, oven, and microwave - and a crisp, updated full bath. Perfectly situated in Woodland Hills just minutes from a major hospital system, this location guarantees consistent rental demand. With the heavy lifting completed, lead certification secured, appliances in place, professional management established, and a vacant unit ready to be filled immediately, this turnkey cash cow is ready for you to acquire today and collect tomorrow. Schedule your showing before this seamless investment is gone!

Property Features

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