Tax Abated Ohio City Duplex

3109 Hancock Avenue, Cleveland, OH 44113

ACTIVE

$450,000

1/7

Property Description

Rare chance to own a completely gut-rehabbed, tax abated, income producing duplex in the heart of SoLo Ohio City! This entire building was rebuilt and qualifies for the 15 year tax abatement. New roof, windows, vinyl siding, furnace/AC, kitchens, bathrooms - it's all done! The bottom unit offers 1 bedroom and 1 bathroom with an open concept kitchen/dining/living area. LVT flooring throughout and beautiful white kitchen with all new appliances! The top unit has 1 bedroom and 1 bathroom on the first level and a huge finished second level with another bedroom which could also double as a secondary living space! Both units have laundry rooms with hookups and one garage parking space. The property is currently rented on Airbnb and grosses around $4800/month. Seller willing to sell furnished or unfurnished, and is ready to rent with property management already lined up if buyer desires! Perfect opportunity for turn key investment or amazing chance for owner occupant - let your tenant pay the mortgage! Showing times will vary since property has frequent Airbnb guests.

Contact Agent

Lindsay Kronk

216-536-2446

Property Details

Property Type

Duplex

Square Footage

1833

Bedrooms

4

Bathrooms

2

Year Built

1890

Property Location

3109 Hancock Avenue, Cleveland, OH 44113