Cleveland - Beach Property For Sale #7206313

Exceptional income-producing turnkey multi-family investment opportunity - 2 houses on one lot! Generating $27k a year in revenue this fully renovated property includes two updated units with a detached 2-car garage. The main house is 2 Bedroom 2 full bath 1152 square feet and offers a spacious layout that was completely gutted and rebuilt from the studs with all new systems, finishes, appliances, flooring, electric, and a new roof. The additional smaller unit is 2 bed 1 Bath 609 square feet and has received the same comprehensive renovation - new roof, flooring, paint, fixtures, and appliances throughout. Both units are tenant-occupied, generating strong current cash flow with the main house rented at $1,325/mo with lease expiring in 11/29/26 and the small house at $925/mo with lease ending 01/06/2027. Perfect for investors looking for stabilized rental income in a traditional Cleveland neighborhood near Lake Erie and local amenities. Close proximity to parks, transit, and neighborhood services - a rare fully modernized multi-family in this price tier.