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12010 Derby Avenue , Garfield Heights, OH 44125

$169,900
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New to the Market Status - Active
3BEDS 2 fullBATHS 5228299MLS# Crofton OverlookSUBDIVISION Garfield Heights CitySCHOOL

Home Value Estimate


Description

Great opportunity for an investor looking for immediate cash flow in Garfield Heights! This two-unit property features a spacious lower unit with 2 bedrooms currently leased at $1,050/month and an upper unit with 1 bedroom leased at $875/month, both on annual leases, generating combined gross rental income of $1,925/month ($23,100/year), with low utility costs ? water billed at $15/month and sewer at $32/month through the City of Cleveland. With both units occupied by paying tenants, this property offers steady, hands-off income from day one, making it an excellent addition to any rental portfolio or a solid entry point for investors looking...read more

Features

  • Window Unit(s)
  • Forced Air
  • 2.0 Stories
  • $3,727 / year Taxes
  • Public
  • Built in 1925