Listed By
Agency Name: Chosen Real Estate Group
Agency Contact: 330-249-3499, office@chosenrealtyco.com
Shown By
Agent Name: Krista Combs
Agent Phone: (330) 603-2823
Agency Title: Cutler Real Estate
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Property Description
Back on the market?no fault of the seller! This fully renovated, turnkey duplex is available again after the previous buyers were unable to perform, creating a second chance to own a cash-flowing investment property. Renovated in 2023, the property is 100% occupied with long-term leases in place, generating 2,320 per month (27,840 annually). The upstairs unit rents for 1,150/month on a 3-year lease, while the downstairs unit is leased through the Eden housing program for 1,170/month (958 Eden + 212 tenant portion) on a 3-year lease. Major updates include new furnaces and hot water tanks, plus a dry basement and all seller-owned appliances are included, making this a true low-maintenance investment. Now offered at just 169,997, this property can be purchased individually or as part of a package with 3568 West 67th Street, Cleveland, OH 44102, offering investors immediate cash flow and long-term stability from day one.
Property Features
Property Type: Multi Unit - Multiple
Basement: Unfinished
Basement: Yes
Cooling: None
Days on Market: 105
Garage: 2
Heating: Forced Air
Lot Size: 0.08 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $2,169 / year
Year Built: 1924
Feature Descriptions
Exterior: Aluminum Siding, Vinyl Siding
Parcel#: 113-23-013
Parking: Paved
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
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Estimated Payment
$ 1,101.14 per month $870.81 Principal & Interest $180.75 Property Tax $49.58 Homeowner's InsuranceChange Payment Information
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1222 E 172nd Street | MLS# 5196692
This multi-family property located at 1222 E 172nd Street, Cleveland, OH 44119 is currently listed for sale with an asking price of $169,997. E 172nd Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.kristacombs.com today.