3837 W 160th Street

Description

Welcome to 3837 W. 160th St., a meticulously maintained side-by-side duplex located in the heart of Cleveland's sought-after Kamm's Corner neighborhood. Offering two spacious units, each featuring 3 bedrooms and 1 bath, this property presents both homeowners and savvy investors with outstanding income potential. Each unit boasts distinct features designed for comfort and convenience. Unit 1 impresses with recently upgraded forced air heating and central air conditioning (2022), a beautifully resurfaced clawfoot bathtub, modern bathroom fixtures, and essential appliances including a stove and dryer. Unit 2 includes forced heat (regularly serviced), updated bathroom fixtures, and essential appliances like a stove, refrigerator, washer, and dryer. Major enhancements since 2017 ensure peace of mind and added value: a fully rebuilt roof and updated overhangs (2019), waterproofing and storm line replacements, a new asphalt driveway (2022), vinyl siding, 26 out of 36 windows replaced, updated gutters and fascia, and a fenced backyard ideal for private outdoor enjoyment. Positioned in a neighborhood renowned for its convenience and charm, this duplex is poised for solid returns, with a market-driven estimated monthly rental income of approximately $1,850 per unittotaling around $3,700 monthly or $44,400 annually. With a strong cap rate of approximately 9.02%, the property aligns perfectly with Cleveland's growing rental market trends, representing a wise investment choice. Don't miss this opportunity to secure a versatile property with exceptional rental prospects in one of Cleveland's most vibrant communities. Schedule your showing today and envision the potential at 3837 W. 160th Street!