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32685879
32685871

1523 HILLCREST RD, CLEVELAND, OH 44118 For Sale

MA
OH SAL.2014004734
RE/MAX Haven Realty
Listed by RE/MAX Haven Realty
$234,900
61 days on market
Updated 61 days ago

1523 Hillcrest Road

Details
APN 672-27-036
Property Type Multifamily
Sub Type Apartment Building
Square Footage 2,924
Year Built 1923
Buildings 1
Stories 2
Acreage 0.140
Sale Condition N/A

About This Property for Sale

Marketing description

This fully renovated duplex presents an exceptional opportunity for investors seeking strong cash flow and minimal upfront work! The property features a spacious lower unit offering 3 bedrooms and 1 full bathroom, and an expansive upper unit with 5 bedrooms and 1 full bathroom—both designed with functional kitchens and adjoining dining areas, ideal for comfortable everyday living. A full basement provides additional storage space or the potential for future value-add opportunities, while the 2-car detached garage adds further convenience and tenant appeal. Both units are currently vacant, allowing for immediate leasing at market rates or flexibility for an owner-occupant strategy. The lower unit has an estimated market rent of $1,800/mo., while the upper unit commands approximately $2,200/mo., creating a combined potential income of $4,000 per month—making this a strong cash-flowing asset from day one! The property has undergone extensive updates throughout. Exterior improvements include vinyl siding, newer windows, a new roof, updated plumbing and electrical systems, and fully rebuilt porches and balconies. Inside, both units have been renovated top to bottom with modern finishes, including updated kitchens and bathrooms, new light fixtures, durable LVP flooring, and fresh interior paint throughout. Located in East Cleveland, just a short walk from the Forest Hill Park Tennis Courts, this property benefits from proximity to major roads, public transportation, shopping, dining, and everyday amenities—making it highly attractive for tenants. Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors! With its size, updates, and income potential, this duplex is perfectly positioned for investors looking to expand their portfolio with a low-maintenance, high-performing property! No wholesalers. No Seller financing. No low ball offers.

Investment highlights

Duplex

Fully Renovated

High Income Potential

New Roof

Newer Windows

Updated Plumbing and Electrical Systems

Listing Contacts

MA
OH SAL.2014004734
RE/MAX Haven Realty
Listed by RE/MAX Haven Realty

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Additional Information

Name
Michael Azzam
License
SAL.2014004734
Brokerage Phone
440-519-3100
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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