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$ 149,900
Est. payment /mo
New
1700 Wayside RD Cleveland, OH 44112
6 Beds
2 Baths
3,800 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,800 sqft
Price per Sqft $39
Subdivision Terrace View
MLS Listing ID 5235247
Bedrooms 6
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 2,544
Year Built 1922
Annual Tax Amount $2,295
Tax Year 2025
Lot Size 6,242 Sqft
Acres 0.1433
Property Sub-Type Duplex
Property Description
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.
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.
Location
State OH
County Cuyahoga
Rooms
Basement Full, Unfinished
Interior
Heating Forced Air, Gas
Cooling None
Fireplace No
Exterior
Parking Features Parking Pad
Water Access Desc Public
Roof Type Asphalt,Shingle
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Schools
School District East Cleveland Csd - 1812
Others
Tax ID 117-06-035
Special Listing Condition Standard
Listed by Terry Young • Keller Williams Greater Metropolitan • Terryyoung@theyoungteam.com, 216-400-5224