1988 Lexington Avenue Norwood, OH 45212

PRICED AT $550,000

Listing Details

  • $550,000
  • MLS# 1881211
  • Type Multi Unit - Multiple
  • Status Active
  • 2,562 Square Feet
  • 0.172 acres Lot Size
  • 1912 Year Built
  • Norwood Local Schools

Description

Turnkey Cash-Flowing Duplex bringing in over $4,625 per month! Incredible opportunity to own a fully renovated, income-producing property generating $55,500 annually in gross rental income. Both units are fully leased through May 2027, providing immediate cash flow and long-term stability, while tenants pay all utilities, maximizing investor returns. Completely transformed in 2020/2021, this property was gutted down to the studs and extensively renovated, offering peace of mind and minimizing future maintenance concerns. The spacious Unit 1 features 3 bedrooms and 1 full bathroom, while Unit 2 spans the second and third floors and offers...read more

Features

  • Central Air
  • 0 Fireplace
  • Gas
  • 3.0 Stories
  • $6,440 Taxes
  • Public
  • Built in 1912
View All Features

Contact the Listing Agent

Contact the Listing Agent
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All Property Features

  • Property Type: Multi Unit - Multiple
  • Basement: Full
  • Basement: Yes
  • Cooling: Central Air
  • Days on Site: 2
  • Exterior: Brick
  • Exterior Features: Porch
  • Fireplace Features: None
  • Fireplaces: 0
  • Foundation: Block
  • Gas: Natural
  • Heating: Gas
  • Lot Size: 0.17 Acres
  • Parcel #: 651-0057-0030-00
  • Parking: Off Street, Onstreet, Driveway
  • Roof Type: Shingle
  • Sewer: Public Sewer
  • SQFT Basement: 1036
  • Stories: 3.0
  • Taxes: $6,440
  • Total Buildings: 1
  • Units: 2
  • Water: Public
  • Window Features: Wood
  • Year Built: 1912