About This Home
This 6-bedroom, 2-bathroom multi-family at 1700 Wayside Road in Cleveland, OH is listed for $124,900 ($33 per sqft). Built in 1922, the home offers 3,800 sqft of living space on a 0.14 acres lot.
Key Features
- Built in 1922
- 0.14 acre lot
- 3 stories
Property Details
Welcome to 1700 Wayside Rd, Cleveland, a 2,544 sq ft duplex offering an appealing opportunity for investors seeking an income-producing property with established tenancy. The upper and lower units each feature 3 bedrooms and 1 full bath, providing a desirable and functional unit configuration.
Both units are occupied by long-term tenants on month-to-month leases, offering immediate rental income and flexibility for future ownership strategies. Each unit features a spacious living room, formal dining room, kitchen, three bedrooms, and a full bath.
The upper unit adds character with built-in leaded-glass cabinetry in the dining room. The full unfinished basement provides laundry facilities and additional storage for both units. A welcoming front porch and upper-level balcony offer outdoor space, while the large rear parking pad provides convenient off-street parking.
With two separate residential units, established tenancy, flexible lease terms, and recent improvements, this property presents a compelling opportunity for investors looking to add to their portfolio or build long-term value! Current rents are below market value and has the potential for higher rental income.
Monthly Cost Estimate
$668/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1700 Wayside Road
Cleveland, OH 44112
Terrace View
Property Details
Construction
Heating
Questions & Answers
This 6-bedroom, 2-bathroom multi-family at 1700 Wayside Road is listed at $124,900 ($33/sqft). The estimated monthly payment is $668 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1922, 0.14 acre lot, 3 stories.
This property is listed by Terry Young and can be reached at 2164005224.
