9617 Lamontier AveCleveland, OH 44104

This exceptional investment opportunity presents three duplexes totaling six units, situated in prime Cleveland, Ohio neighborhoods. The portfolio offers a compelling value-add proposition, with each property requiring some renovations to unlock its full potential. The asking price is $75,000, representing a compelling $12,500 per unit cost. Currently vacant, the properties present a blank canvas for customization and maximizing rental income. Individual unit details include: one duplex at 8918 Easton Ave (Cleveland, OH 44104) features six bedrooms, two bathrooms, and 1,496 square feet, with an after-repair value (ARV) of $130,000 and potential rent of $1,900; a second duplex at 9617 Lamontier Ave (Cleveland, OH 44104) offers four bedrooms, two bathrooms, and 1,408 square feet, with an ARV of $120,000 and potential rent of $1,700; and a third duplex at 14725 Elm Ave (East Cleveland, OH 44112) includes four bedrooms, two bathrooms, and 2,032 square feet, with an ARV of $110,000 and potential rent of $1,700. The properties are classified as Class B and boast a projected 13% capitalization rate. This portfolio presents a unique chance to acquire a multifamily investment at an affordable entry price, offering significant rental income potential and the opportunity for substantial value appreciation through strategic renovations. The properties can also be sold individually.