2155-2159 Murray Hill Rd Cleveland, OH 44106

Incredibly rare opportunity to own TWO Little Italy duplexes right next to each other on the Murray Hill main drag! So many options to own FOUR units in one of Cleveland's hottest neighborhoods. Occupy one unit and have a steady stream of income from the solid, never-ending tenant base in Little Italy, purchase solely as an income producing property and take advantage of the surging rents in Little Italy, or implement an Airbnb to cater to the traveling students and medical professionals. The opportunities are endless! 2155 and 2159 are up and down duplexes, each containing (2) two bedroom, one bathroom units. They've been owned by the same family for years and meticulously maintained. Updates include: central AC, newer hot water tanks (less than 3 years on most), high efficiency furnaces in each unit, a new roof last year on 2155, vinyl windows installed on both homes less than 10 years ago, a new water line in 2155, various plumbing updates, and some cosmetic updates (vinyl plank, new cabinets, paint, etc..). Rents are very SIGNIFICANTLY under market, allowing a new owner to take advantage of the rent growth that has been missed out on. Tenants are responsible for their own electricity and gas, while the landlord pays water/sewer. The properties also share a private parking lot and sizable yard in the back of the houses which is very rare and valuable in the Little Italy area. The new owner can easily charge a premium for off-street parking for additional income!