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3216 Riverside Ave, Cleveland, OH, 44109

5beds
2baths
2,368sqft
$142,990
$60price/sqft
$1,316/moest. monthly cost
$52,640/yrincome needed

About This Home

SOLID Duplex with light value add potential. Perfect for a BRRRR investor looking for a clean, straight forward project. Each unit has the ability to achieve rents in the $1,100 - $1,300 range with minor updates and improvements. The property offers a strong layout, and does not require a heavy rehab, making it an ideal play for investors who want to renovate, stabilize, and refinance quickly. Nearby renovated comps selling over 200k. Located in consistent rental area with steady demand this is a great opportunity to build equity and lock in long term cash flow without taking on a full gut project. Being sold AS IS Full service property management available! This includes expert leasing, marketing, tenant communication and maintenance services. Construction and rehab services also available, plus additional services and expertise to ensure the highest quality care of your assets!

Getting Around

63
WalkingSomewhat Walkable
42
TransitSome Transit
52
BikeBikeable

Schools

Construction

Condition

  • Year built: 1894

Materials

  • Roof: Asphalt,Fiberglass
  • Construction materials: Aluminum Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex,Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Finished area above ground: 2,368

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: None

Interior Area

  • Total structure area: 2,368
  • Total interior livable area: 2,368 sqft

Property

Details

  • Parcel number: 01519056
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 6,451 sqft

Parking

  • Total spaces: 2
  • Parking features: Driveway
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2