16304 Nela View RD East Cleveland, OH 44112
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,042 sqft
Price per Sqft $78
Subdivision Euclid-Noble Dev Cos 01
MLS Listing ID 5200280
Bedrooms 6
Full Baths 2
Construction Status Updated/Remodeled
HOA Y/N No
Abv Grd Liv Area 2,042
Year Built 1924
Annual Tax Amount $1,266
Tax Year 2025
Lot Size 4,321 Sqft
Acres 0.0992
Property Sub-Type Duplex
Stories Two
Story Two
Property Description
The property has been updated and is in great condition, minimizing the need for immediate repairs or renovations. Current rental income is strong, with one unit generating $1,329/month and the other $1,415/month. This best the 1% Rule and provides more than a 10-CAP.
Whether you're a seasoned investor or just getting started, this income-producing property is a solid, hassle-free opportunity you won't want to miss!
Can be sold as a package deal! (5200289), (5200292), (5200294)
Location
State OH
County Cuyahoga
Rooms
Basement Unfinished
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Parking Features Driveway, On Street
Water Access Desc Public
Roof Type Shingle
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Construction Status Updated/Remodeled
Schools
School District East Cleveland Csd - 1812
Others
Tax ID 673-17-043
NEARBY SCHOOL & BUSINESS
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