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1523 Hillcrest Road, East Cleveland, OH 44118

$240,000
  • 1523 Hillcrest Road, East Cleveland, OH 44118 Main Photo
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New to the Market Active
BEDS4 BATHS2 full SQUARE FEET2,924 MLS#5199413
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONRidgefield SCHOOLEast Cleveland City

Property 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.

1523 Hillcrest Road | MLS# 5199413

This multi-family property located at 1523 Hillcrest Road, East Cleveland, OH 44118 is currently listed for sale with an asking price of $240,000. Hillcrest Road is located within the East Cleveland City school district. Search East Cleveland real estate on joemack.mcrealestateohio.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full
Basement: Yes
Cooling: None
Garage: 2
Heating: Forced Air
Lot Size: 0.14 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $2,091 / year
Year Built: 1923

Feature Descriptions

Exterior: Aluminum Siding, Vinyl Siding
Laundry: In Basement
Parcel#: 672-27-036
Parking: Driveway, Detached, Garage
Sewer: Public Sewer
Water: Public

Local Schools

School District: East Cleveland City

Listed By / Shown By

Listed By

Agency Name: RE/MAX Haven Realty
Agency Contact: mike@theazzamgroup.com, 216-446-7606

Shown By

Agent Name: Joe Mack
Agent Phone: (330) 289-8801
Agency Title: M.C. Real Estate

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Estimated Payment

$ 778.39 per month $534.14 Principal & Interest $174.25 Property Tax $70.00 Homeowner's Insurance

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