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4918 Gifford AVE Cleveland, OH 44144
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Key Details
Sold Price $217,500
Property Type Single Family Home
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,336 sqft
Price per Sqft $93
MLS Listing ID 5112848
Sold Date 06/02/25
Bedrooms 6
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 2,336
Total Fin. Sqft 2336
Year Built 1914
Annual Tax Amount $4,212
Tax Year 2024
Lot Size 8,015 Sqft
Acres 0.184
Property Sub-Type Duplex
Property Description
Turnkey Investment Opportunity – Fully Occupied Duplex. This property offers tremendous upside potential, with the opportunity to add a third unit with a private entrance, transforming it into a triplex.
Seize this incredible investment opportunity with a well-maintained, income-producing duplex in the amazing neighborhood in Old Brooklyn! Start cash flowing from day one with two reliable tenants in place generating a total gross rent of $2,100 per month. Both tenants are currently on a month to month lease. Whether you're an investor looking for steady rental income or a house hacker wanting to live in one unit while renting out the other, this duplex is a perfect fit.
The property is in excellent condition, well maintained by both the owner and tenants. It has a great foundation and good bones. The home features all vinyl windows, a newer roof and all mechanical systems are in great shape.
This charming colonial-style up-and-down duplex features two spacious 3-bed, 1-bath units with mirrored floor plans. Each unit boasts a large living room, spacious dining room, and ample natural light throughout. All utilities are separately metered (except water). Outside, the property includes a spacious yard for entertaining and a two-car garage for added convenience.
Don't miss out! Contact your favorite agent and submit an offer today.
Please Do Not Disturb Tenants
Location
State OH
County Cuyahoga
Community Medical Service, Sidewalks, Public Transportation
Direction South
Rooms
Basement Sump Pump, Storage Space
Interior
Interior Features Ceiling Fan(s)
Heating Forced Air
Cooling None
Fireplace No
Window Features Aluminum Frames
Laundry Common Area, Electric Dryer Hookup, Gas Dryer Hookup, In Basement
Exterior
Parking Features Garage
Garage Spaces 2.0
Garage Description 2.0
Fence None
Community Features Medical Service, Sidewalks, Public Transportation
View Y/N Yes
Water Access Desc Public
View City, Neighborhood
Roof Type Asphalt
Garage true
Private Pool No
Building
Lot Description Back Yard, Corner Lot, Rectangular Lot
Faces South
Story 2
Entry Level Two
Foundation Block
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 012-03-158
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, USDA Loan
Listing Terms Cash, Conventional, 1031 Exchange, FHA, USDA Loan
Financing Conventional
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Bought with Ricardo A Simonelli • Keller Williams Chervenic Rlty