13414 Ferris AVE Pending Save Request In-Person Tour Request Virtual Tour
Cleveland,OH 44105
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Square Footage 1,728 sqft
Price per Sqft $95
Subdivision Ford Morgan & Frisbies Allotm
MLS Listing ID 5146088
Bedrooms 5
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 1,728
Year Built 1920
Annual Tax Amount $11,157
Tax Year 2024
Lot Size 5,601 Sqft
Acres 0.1286
Property Sub-Type Duplex
Property Description
Fully Occupied Duplex with Strong Rental Income! -- Turnkey investment opportunity in a cash-flowing duplex, fully occupied with long-term tenants generating $2,418/month in rental income! Upstairs unit brings in $1,400/month via Section 8, and the downstairs unit is currently month-to-month at $1,018/month, also Section 8. Key updates include a brand-new roof (2021/2022), a hot water tank replaced within the last 1–2 years, and a electrical upgrade completed in 2022 — separating the meters so each unit has its own electric service. Ideal for investors looking for immediate cash flow with minimal maintenance. Owner is a licensed real estate agent in California.
Location
State OH
County Cuyahoga
Direction North
Rooms
Basement Unfinished
Interior
Heating Forced Air,Gas
Cooling Other,Wall/Window Unit(s)
Fireplace No
Laundry In Unit
Exterior
Parking Features Detached,Garage,Paved
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Faces North
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 138-11-102
Acceptable Financing Cash,Conventional,FHA
Listing Terms Cash,Conventional,FHA
Special Listing Condition Standard